Chrome File Edit View History Bookmarks Profiles Tab Window Help C Q 8 Sun Sep 18 9:22 PM Content Question 5 - Module 1: Quiz Ch x Course Hero x C | Chegg.com C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.... (5 0 8 Update Module 1: Quiz Ch 3 i Saved Help Save & Exit Submit 5 Some recent financial statements for Smolira Golf Corporation follow. 14114 Daylight Rdg SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets Assets 2020 2021 Liabilities and Owners' Equity 2020 2021 Current assets Current liabilities 02:35:59 Cash $ 24,096 $ 24,600 Accounts payable $ 23,684 $ 27,600 Accounts receivable 12,948 15,700 Notes payable 14,000 11,300 Inventory 26,242 27,600 Other 12,071 18,100 14114 Daylight Skipped Rdg.pdf Total $ 63,286 $ 67,900 Total $ 49,755 $ 57,000 eBook Long-term debt $ 74,000 $ 70,557 Hint Owners' equity Screen Shot Common stock and paid-in surplus $ 48,000 $ 48,000 Ask 2022-0...22.48 PM Accumulated retained earnings 221,226 253,444 Fixed assets $ Net plant and equipment $ 329,695 $ 361,100 Total $ 269,226 301,444 $ $ Total assets $ 392,981 429,000 Total liabilities and owners' equity $ 392,981 429,000 SMOLIRA GOLF CORPORATION 2021 Income Statement Sales $ 414,290 Cost of goods sold 265,500 Depreciation 57,700 Mc Graw Hill SEP 247 7964 18Chrome File Edit View History Bookmarks Profiles Tab Window Help C Q 8 Sun Sep 18 9:23 PM Content Question 5 - Module 1: Quiz Ch x Course Hero x C | Chegg.com C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.... ( 0 8 Update Module 1: Quiz Ch 3 i Saved Help Save & Exit Submit SMOLIRA GOLF CORPORATION 5 2021 Income Statement 14114 Daylight Rdg Sales $ 414,290 Cost of goods sold 265,500 Depreciation 57,700 Earnings before interest and 02:35:56 $ 91,090 taxes Interest paid 14,800 14114 Daylight Skipped Rdg.pdf Taxable income $ 76,290 Taxes (25%) 19,073 eBook Net income $ 57,218 Hint Screen Shot Ask Dividends $ 25,000 2022-0...22.48 PM Retained earnings 32,218 Construct the DuPont identity for Smolira Golf Corporation. The company's profit margin is percent. Use year-end figures rather than average values where appr 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 DuPont identity, the company's ROE is percent. (Do not round intermediate calculations and enter your answ rounded to 2 decimal places, e.g., 32.16.) Mc Graw Hill 7964 O SEP 247 18 stv 4