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Some recent financial statements for Smollra Golf Corp. follow SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabillities and Owners Equity 2018 $23,076 25.400
Some recent financial statements for Smollra Golf Corp. follow SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabillities and Owners Equity 2018 $23,076 25.400 16,500 28,400 64,076 70,300 2017 2017 2018 Current assets Current llablities Cash Accounts $ 24,484 28.400 12,100 17,500 $51,355 58,000 $82,000 91,741 Accounts payable Notes payable Other 13,748 14,000 recelvable Inventory 27,252 12,871 Total Total Long-term debt Owners' equity Common stock and pald-In45,000 45,000 surplus Accumulated retained 223,416 239,659 earnings FIxed assets Net plant and $337695 364,100 Total $268.416 $284,659 equipment Total llabilities and owners equity Total assets $401771 $434,400 $ 401,771 $434,400 SMOLIRA GOLF CORP 2018 Income Statement Sales Cost of goods sold Depreclation $352,549 229,000 41.400 Earnings before Interest $ 82149 15,600 $66,549 and taxes Interest paid Taxable Income Taxes (23%) | 15,306 Net Income $51,243 Dividends Retalned earnings $35.000 16,243 The company's profit margin is percent rounded to 2 decimal places, e.g., 32.16.) The equity multiplier is percent. (Use year-end figures rather than average values where appropriate. Enter your answer as a The total asset turnover is times. (Round your answer to 2 decimal places, e.g., 32.16.) Using the DuPont Identity, the company's ROE is times Round your answer to 2 decimal places, e.g., 32.16.) percent (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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