The following are the financial statements for Cullumber Consumer Products Company for the fiscal year ended September 30, 2017 Cullumber Consumer Products Company Income Statement for the Fiscal Year Ended September 30, 2017 Net sales S67 240 Cost of products sold 30.957 Gross profit $36,283 Marketing, research, administrative expense 12,700 Depreciation 630 Operating income (loss) $22.953 Interest expense 557 Earnings (loss) before income taxes $22,396 Income taxes 6,886 Net earnings (los) $15,510 Cullumber Consumer Products Company Balance Sheet as of September 30, 2017 Liabilities and Equity: Assets: $3.210 9,260 2,410 7.710 Cullumber Consumer Products Company Balance Sheet as of September 30, 2017 Assets: Liabilities and Equity: Cash and marketable securities $5.700 Accounts payable Investment securities 467 Accrued and other liabilities Accounts receivable 3,046 Taxes payable Inventory 5.300 Debt due within one year Deferred income taxes 888 Prepaid expenses and other receivables 2.152 Total current assets $17,553 Total current liabilities Property, plant, and equipment, at cost 29,804 Long-term debt Less: Accumulated depreciation 8,397 Deferred income taxes Net property, plant, and equipment $21.407 Other noncurrent liabilities Net goodwill and other intangible assets 23,900 Total liabilities Other noncurrent assets 1.440 Convertible Class A preferred stock Common stock Retained earnings Total stockholders' equity Total assets $64,300 Total liabilities and equity $22.590 9,410 2,190 2.100 $36,290 1,140 2,600 24.270 $28,010 $64.300 Using the DuPont identity, calculate the return on equity for Cullumber, after calculating the ratios that make up the DuPont identity. (Round ROA and ROE to one decimal place, eg 12.5 or 12.5% and all other answers to 2 decimal places, eg. 12.55 or 12.55%) Using the DuPont identity calculate the return on equity for Cullumber, after calculating the ratios that make up the DuPont identity. (Round ROA and ROE to one decimal place, es 12.5 or 12.5% and all other answers to 2 decimal places, eg. 12.55 or 12.55%) Net Profit margin % times Total assets turnover ratio Equity multiplier Return on assets 96 Return on equity 9