Question: Please show all formula and workings for easy understanding. Some recent financial statements for Earl Grey Golf Corp. follow. EARL GREY GOLF CORP. 2017 and

Please show all formula and workings for easy understanding.

Some recent financial statements for Earl Grey Golf Corp. follow.

EARL GREY GOLF CORP. 2017 and 2018 Statement of Financial Position
Assets Liabilities and Owners Equity
2017 2018 2017 2018
Current assets Current liabilities
Cash $ 24,046 $ 24,255 Accounts payable $ 23,184 $ 27,420
Accounts receivable 12,448 15,235 Notes payable 12,000 10,800
Inventory 25,392 27,155 Other 11,571 15,553
Total $ 61,886 $ 66,645 Total $ 46,755 $ 53,773
Long-term debt $ 80,000 $ 95,000
Fixed assets Owners equity
Net plant and equipment $ 324,695 $ 365,734 Common stock and paid-in surplus $ 40,000 $ 40,000
Retained earnings 219,826 243,606
Total $ 259,826 $ 283,606
Total assets $ 386,581 $ 432,379 Total liabilities and owners equity $ 386,581 $ 432,379

EARL GREY GOLF CORP. 2018 Statement of Comprehensive Income
Sales $ 366,996
Cost of goods sold 253,122
Depreciation 32,220
Earnings before interest and tax $ 81,654
Interest paid 14,300
Taxable income $ 67,354
Taxes (35%) 23,574
Net income $ 43,780
Dividends $ 20,000
Additions to retained earnings 23,780

The company's profit margin is percent. (Use year-end figures rather than average values where appropriate. Do not include the percent sign (%). Round the final answer to 2 decimal places.)

Total asset turnover is times. (Round the final answer to 3 decimal places.)

Equity multiplier is . (Round the final answer to 2 decimal places.)

Using the Du Pont Identity, the company's ROE is percent. (Do not include the percent sign (%). Round the final answer to 2 decimal places.)

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