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Some recent financial statements for Smolira Golf, Inc., follow. Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Sales

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Some recent financial statements for Smolira Golf, Inc., follow. Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Sales Cost of goods sold Depreciation Assets EBIT Interest paid Taxable income Taxes Net income SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 SMOLIRA GOLF, INC. 2016 Income Statement Dividends Datained earnings $ 2,881 4,712 12,698 $20,291 $57,432 $83,529 $77,723 $105,629 $ 2,757 5,671 13,672 $ 22,100 $12,015 24 206 $189,570 127,303 5,223 $ 57,044 1,320 $ 55,724 19,503 $ 36,221 Liabilities and Owners' Equity Current liabilities. Accounts payable Notes payable Other Total: Long-term debt Owners' equity Common stock and paid-in surplus. Accumulated retained earnings Total Total liabilities and owners' equity 2015 $ 2,208 1,805 101 $4,114 $14,400 $43,500 15,709 $59,209 $77,723 27 2016 $ 2,710 2,226 118 $5,054 $ 17,160 $ 43,500 39,915 $ 83,415 $105,629 s Fixed assets Net plant and equipment Total assets Sales Cost of goods sold Depreciation SMOLIRA GOLF, INC. 2016 Income Statement. EBIT Interest paid Taxable income Taxes Net income Dividends Retained earnings $57,4327 $83,529 $77,723 $105,629 Profit margin Total asset turnover Equity multiplier Return on equity $12,015 24,206 $189,570 127,303 5,223 $ 57,044 1,320 $ 55,724 19,503 $36,221 Accumulated retained earnings Total Total liabilities and owners' equity Construct the DuPont Identity for Smolira Golf. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and return on equity as a percent.) 15,709 $59,209 $77,723 % times tines X 39,915 $ 83,415 $105,629

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