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Some recent financial statements for Smolira Golf, Incorporated, follow. SMOLIRA GOLF, INCORPORATED Balance Sheets as of December 3 1 , 2 0 2 1 and
Some recent financial statements for Smolira Golf, Incorporated, follow. SMOLIRA GOLF, INCORPORATED Balance Sheets as of December and Assets Liabilities and Owners Equity Current assets Current liabilities Cash $ $ Accounts payable $ $ Accounts receivable Notes payable Inventory Other Total $ $ Total $ $ Longterm debt $ $ Owners equity Common stock and paidin surplus $ $ Fixed assets Accumulated retained earnings Net plant and equipment $ $ Total $ $ Total assets $ $ Total liabilities and owners equity $ $ SMOLIRA GOLF, INCORPORATED Income Statement Sales $ Cost of goods sold Depreciation EBIT $ Interest paid Taxable income $ Taxes Net income $ Dividends $ Retained earnings Construct the DuPont identity for Smolira Golf. Note: Do not round intermediate calculations and round your answers to decimal places, eg Enter the profit margin and return on equity as a percent.
Some recent financial statements for Smolira Golf, Incorporated, follow.
SMOLIRA GOLF, INCORPORATED
Balance Sheets as of December and
Assets Liabilities and Owners Equity
Current assets Current liabilities
Cash $ $ Accounts payable $ $
Accounts receivable Notes payable
Inventory Other
Total $ $ Total $ $
Longterm debt $ $
Owners equity
Common stock and paidin surplus $ $
Fixed assets Accumulated retained earnings
Net plant and equipment $ $ Total $ $
Total assets $ $ Total liabilities and owners equity $ $
SMOLIRA GOLF, INCORPORATED
Income Statement
Sales $
Cost of goods sold
Depreciation
EBIT $
Interest paid
Taxable income $
Taxes
Net income $
Dividends $
Retained earnings
Construct the DuPont identity for Smolira Golf.
Note: Do not round intermediate calculations and round your answers to decimal places, eg Enter the profit margin and return on equity as a percent.
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