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Some recent financial statements for Smolira Golf Corporation follow. 2020 2021 Assets Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORPORATION 2020 and 2021 Balance

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Some recent financial statements for Smolira Golf Corporation follow. 2020 2021 Assets Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets 2020 2021 Liabilities and Owners' Equity Current liabilities $ 24,086 $ 24,500 Accounts payable 12,848 15,600 Notes payable 26,042 27,500 Other $ 23,584 $ 27,500 15,000 11,200 11,971 18,300 Total $ 62,976 $ 67,600 Total $ 50,555 $ 57,000 Long-term debt $ 60,000 $ 61,565 Owners' equity Common stock and paid-in surplus $ 44,000 $ 44,000 Accumulated retained earnings 237,116 267,435 Fixed assets Net plant and equipment $ 328,695 Total $ 281116 $ 311,435 362,400 Total assets $ 391,671 Total liabilities and owners' equity $ 391,671 430,000 430,000 SMOLIRA GOLF CORPORATION 2021 Income Statement Sales $ 373,473 Cost of goods sold 254,500 Depreciation 32,800 Earnings before interest and taxes $ 86,173 Interest pold 14,700 Taxable income $ 71,473 Taxes (24%) 17,154 Net Income $ 54,319 Dividends Retained earnings $ 24,000 30,319 Construct the DuPont identity for Smolira Golf Corporation 14,54 percent times The company's profit margin is The total asset turnover is The equity multiplier is Using the DuPont identity, the company's ROE is (Use year-end figures rather than average values where appropriate. Enter your answer as a percent rounded to 2 decimal places, ... 32.16) (Round your answer to 2 decimal places, 0.9. 32.16.) (Round your answer to 2 decimal places, 6.9.32.16) (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, 0.9., 32.16.) 1.39 times percent

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