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Some recent financial statements for Smolira Golf, Inc., follow. Current assets Cash Assets Accounts receivable Inventory Total Fixed assets Net plant and equipment $52,315 Total

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Some recent financial statements for Smolira Golf, Inc., follow. Current assets Cash Assets Accounts receivable Inventory Total Fixed assets Net plant and equipment $52,315 Total assets Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 $3,107 $ 3,091 4,747 5,741 12,558 13,742 $20,396 $ 22,590 SMOLIRA GOLF, INC. 2016 Income Statement Net income Dividends Retained earnings $ 77,481 $72,711 $100,071 $11,945 23,730 $188,170 126,603 5,293 $ 56,274 1,390 $ 54,884 19,209 $ 35,675 2015 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 $ 2,173 1,770 94 $ 4,037 $13,000 $40,000 15,674 $55,674 Total liabilities and owners' equity $72,711 2016 $ 2,640 2,156 111 $ 4,907 $ 15,760 $ 40,000 39,404 $ 79,404 $100,071 Accounts receivapie Inventory Total Fixed assets Net plant and equipment $52,315 Total assets $72,711 SMOLIRA GOLF, INC. 2016 Income Statement Sales: Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes Net income 4,141 3,191 12,558 13,742 $20,396 $ 22,590 Dividends Retained earnings Profit margin Total asset turnover Equity multiplier Return on equity $11,945 23,730 $ 77,481 $100,071 $188,170 126,603 5,293 $ 56,274 1,390 $ 54,884 19,209 $ 35,675 Notes payable Other times times Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total 2,110 94 $ 4,037 $13,000 $40,000 15,674 $55,674 Total liabilities and owners' equity $72,711 2,150 111 $ 4,907 $ 15,760 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.) $ 40,000 39,404 $ 79,404 $100,071

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