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Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and Owners Equity 2017 2018 2017

Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and Owners Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 24,126 $ 24,900 Accounts payable $ 23,984 $ 27,900 Accounts receivable 13,248 16,000 Notes payable 18,000 11,600 Inventory 26,542 27,900 Other 12,371 16,500 Total $ 63,916 $ 68,800 Total $ 54,355 $ 56,000 Long-term debt $ 77,000 $ 74,606 Owners equity Common stock and paid-in surplus $ 50,000 $ 50,000 Accumulated retained earnings 215,256 250,394 Fixed assets Net plant and equipment $ 332,695 $ 362,200 Total $ 265,256 $ 300,394 Total assets $ 396,611 $ 431,000 Total liabilities and owners equity $ 396,611 $ 431,000 SMOLIRA GOLF CORP. 2018 Income Statement Sales $ 392,907 Cost of goods sold 256,500 Depreciation 48,400 Earnings before interest and taxes $ 88,007 Interest paid 15,100 Taxable income $ 72,907 Taxes (23%) 16,769 Net income $ 56,138 Dividends $ 21,000 Retained earnings 35,138

Company's profit margin?

total asset turnover?

equitity multipler?

ROE?

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