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Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 2016

Some recent financial statements for Smolira Golf, Inc., follow.

SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016
2015 2016 2015 2016
Assets Liabilities and Owners Equity
Current assets Current liabilities
Cash $ 2,851 $ 2,707 Accounts payable $ 2,213 $ 2,720
Accounts receivable 4,707 5,661 Notes payable 1,810 2,236
Inventory 12,718 13,662 Other 102 119
Total $ 20,276 $ 22,030 Total $ 4,125 $ 5,075
Long-term debt $ 14,500 $ 17,260
Owners equity
Common stock and paid-in surplus $ 44,000 $ 44,000
Fixed assets Accumulated retained earnings 15,714 39,988
Net plant and equipment $ 58,063 $ 84,293 Total $ 59,714 $ 83,988
Total assets $ 78,339 $ 106,323 Total liabilities and owners equity $ 78,339 $ 106,323

SMOLIRA GOLF, INC. 2016 Income Statement
Sales $ 189,770
Cost of goods sold 127,403
Depreciation 5,213
EBIT $ 57,154
Interest paid 1,310
Taxable income $ 55,844
Taxes 19,545
Net income $ 36,299
Dividends $ 12,025
Retained earnings 24,274

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.)

Profit margin %
Total asset turnover times
Equity multiplier times
Return on equity %

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