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undefined Some recent financial statements for Smolira Golf, Inc., follow. Current assets Cash Accounts recelvable Inventory SMOLIRA GOLF, INC. Balance Sheets as of December 31,

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Some recent financial statements for Smolira Golf, Inc., follow. Current assets Cash Accounts recelvable Inventory SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current liabilities $ 5,298 $ 5,827 Accounts payable $ 3,754 $ 3,986 7,707 8.477 Notes payable 3,045 3,318 12,150 21,956 Other 152 179 Total $ 25,155 $36,260 Total $ 6,951 $ 7,483 $ 24,700 $ 16,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 40,000 $37,000 28,805 55,189 Fixed assets Net plant and equipment $ 75,301 $ 79,412 Total $ 68,805 $ 92,189 Total assets $100.456 $115,672 Total llabilities and owners' equity $100,456 $115.672 SMOLIRA GOLF, INC. 2019 Income Statement Sales $ 229,854 Cost of goods 184,317 sold Depreciation 8,730 EBIT Interest pald $ 36,807 1,811 Taxable Income Taxes $ 34,996 7,349 Net Income $ 27,647 Dividends Retained earnings $ 16,000 11,647 Construct the DuPont Identity for Smolira Golf. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter your profit margin and return on equity answers as a percent.) Profit margin Total asset turnover Equity multiplier Return on equity % times times %

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