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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 $ 3,231 $ 3,357 Accounts payable $ 2,148 $ 2,590
Accounts receivable 4,772 5,791 Notes payable 1,745 2,106
Inventory 12,458 13,792 Other 89 106
Total $ 20,461 $ 22,940 Total $ 3,982 $ 4,802
Long-term debt $ 13,500 $ 16,260
Owners equity
Common stock and paid-in surplus $ 37,500 $ 37,500
Fixed assets Accumulated retained earnings 15,649 39,039
Net plant and equipment $ 50,170 $ 74,661 Total $ 53,149 $ 76,539
Total assets $ 70,631 $ 97,601 Total liabilities and owners equity $ 70,631 $ 97,601

SMOLIRA GOLF, INC.
2016 Income Statement
Sales $ 187,170
Cost of goods sold 126,103
Depreciation 5,343
EBIT $ 55,724
Interest paid 1,440
Taxable income $ 54,284
Taxes 18,999
Net income $ 35,285
Dividends $ 11,895
Retained earnings 23,390

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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