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Some recent financial statements for Smolira Golf Corporation follow. SMOLIRA GOLF CORPORATION 2 0 2 3 and 2 0 2 4 Balance Sheets Assets 2
Some recent financial statements for Smolira Golf Corporation follow.
SMOLIRA GOLF CORPORATION
and Balance Sheets
Assets Liabilities and Owners Equity
Current assets Current liabilities
Cash $ $ Accounts payable $ $
Accounts receivable Notes payable
Inventory Other
Total $ $ Total $ $
Longterm debt $ $
Owners equity
Common stock and paidin surplus $ $
Accumulated retained earnings
Fixed assets
Net plant and equipment $ $ Total $ $
Total assets $ $ Total liabilities and owners equity $ $
SMOLIRA GOLF CORPORATION
Income Statement
Sales $
Cost of goods sold
Depreciation
Earnings before interest and taxes $
Interest paid
Taxable income $
Taxes
Net income $
Dividends $
Retained earnings
Construct the DuPont identity for Smolira Golf Corporation.
The company's profit margin is percent. Use yearend figures rather than average values where appropriate. Enter your answer as a percent rounded to decimal places, eg
The total asset turnover is times. Round your answer to decimal places, eg
The equity multiplier is times. Round your answer to decimal places, eg
Using the DuPont identity, the company's ROE is
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