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Some recent financial statements for Smolira Golf, Incorporated, follow. SMOLIRA GOLF, INCORPORATED Balance Sheets as of December 31, 2021 and 2022 Assets Current assets
Some recent financial statements for Smolira Golf, Incorporated, follow. SMOLIRA GOLF, INCORPORATED Balance Sheets as of December 31, 2021 and 2022 Assets Current assets 2021 2022 Liabilities and Owners' Equity Current liabilities Cash $ 3,231 $3,357 Accounts payable Accounts receivable Inventory 4,772 12,458 5,791 Notes payable Total $ 20,461 13,792 $ 22,940 Other Total Long-term debt Owners' equity Fixed assets Common stock and paid-in surplus Accumulated retained earnings $ 37,500 Net plant and equipment $ 50,170 $ 74,661 Total $ 70,631 $ 97,601 Total liabilities and owners' equity $ 15,649 $ 53,149 70,631 2021 $ 2,148 1,745 89 $3,982 $ 13,500 2022 $ 2,590 2,106 106 $ 4,802 $ 16,260 $ 37,500 39,039 $ 76,539 $ 97,601 Total assets SMOLIRA GOLF, INCORPORATED 2022 Income Statement Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Net income Dividends Retained earnings $187,170 126,103 5,343 $55,724 1,440 $ 54,284 18,999 $ 35,285 $ 11,895 23,390 Construct the DuPont identity for Smolira Golf. Note: 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
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