Some recent financial statements for Smolira Golf Corporation follow.

SMOLIRA GOLF CORPORATION

$2023$ and $2024$ Balance Sheets

Assets $20232024$ Liabilities and Owners$$ Equity $20232024$

Current assets Current liabilities

Cash $ $24,216$ $ $25,800$ Accounts payable $ $24,884$ $ $28,800$

Accounts receivable $14,14816,900$ Notes payable $18,00012,500$

Inventory $27,72228,800$ Other $13,27116,700$

Total $ $66,086$ $ $71,500$ Total $ $56,155$ $ $58,000$

Long$-$term debt $ $86,000$ $ $84,888$

Owners$$ equity

Common stock and paid$-$in surplus $ $50,000$ $ $50,000$

Accumulated retained earnings $215,626241,112$

Fixed assets

Net plant and equipment $ $341,695$ $ $362,500$ Total $ $265,626$ $ $291,112$

Total assets $ $407,781$ $ $434,000$ Total liabilities and owners$$ equity $ $407,781$ $ $434,000$

SMOLIRA GOLF CORPORATION

$2024$ Income Statement

Sales $ $357,290$

Cost of goods sold $241,600$

Depreciation $32,400$

Earnings before interest and taxes $ $83,290$

Interest paid $16,000$

Taxable income $ $67,290$

Taxes $(22\%)14,804$

Net income $ $52,486$

Dividends $ $27,000$

Retained earnings $25,486$

Construct the DuPont identity for Smolira Golf Corporation.

The company's profit margin is percent. $($Use year$-$end figures rather than average values where appropriate. Enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

The total asset turnover is times. $($Round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

The equity multiplier is times. $($Round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Using the DuPont identity, the company's ROE is