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The company's profit margin is _________ percent. (Use year-end figures rather than average values where appropriate. Enter your answer as a percent rounded to 2

image text in transcribedThe company's profit margin is _________ percent. (Use year-end figures rather than average values where appropriate. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) The total asset turnover is ________times. (Round your answer to 2 decimal places, e.g., 32.16.) The equity multiplier is _________ times. (Round your answer to 2 decimal places, e.g., 32.16.) Using the Du Pont Identity, the company's ROE is ___________percent. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Liabilities and Owners' Equity Assets 2014 2015 2014 2015 Current assets Current liabilities s 24,206 s 25,700 14,048 16,800 24,784 Accounts payable 28,700 Cash Accounts receivable Notes payable 13,000 12,400 15,900 Inventory 27,622 28,700 Other 13,171 65,876 71,200 0,955 57,000 Total Total 85,000 95,000 Long-term debt Owners' equity Common stock and paid-in surplus 40,000 40,000 Accumulated retained earnings 230,616 241,000 Fixed assets Net plant and equipment $340,695 $361,800 $270,616 $281,000 Tota $406,571 $433,000 $406,571 $433,000 Total assets Total liabilities and owners' equity SMOLIRA GOLF CORP 2015 Income Statement $369,230 Sales Cost of goods sold 260,500 Depreciation 47,350 Earnings before interest and taxes 61,380 Interest paid 15.900 45,480 Taxable income Taxes (20%) 9,096 36,384 Net income $26,000 Dividends Retained earnings 10,384

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