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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 $ 3,211 $ 3,307 Accounts payable $ 2,153 $ 2,600
Accounts receivable 4,767 5,781 Notes payable 1,750 2,116
Inventory 12,478 13,782 Other 90 107
Total $ 20,456 $ 22,870 Total $ 3,993 $ 4,823
Long-term debt $ 13,400 $ 16,160
Owners equity
Common stock and paid-in surplus $ 38,000 $ 38,000
Fixed assets Accumulated retained earnings 15,654 39,112
Net plant and equipment $ 50,591 $ 75,225 Total $ 53,654 $ 77,112
Total assets $ 71,047 $ 98,095 Total liabilities and owners equity $ 71,047 $ 98,095

SMOLIRA GOLF, INC. 2016 Income Statement
Sales $ 187,370
Cost of goods sold 126,203
Depreciation 5,333
EBIT $ 55,834
Interest paid 1,430
Taxable income $ 54,404
Taxes 19,041
Net income $ 35,363
Dividends $ 11,905
Retained earnings 23,458

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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