Question: Q Search Chapter 03 Pre-Built Problems 0 Saved Help Save & E Screen Shot 2 Chapter 03 Pre-Built Problems * Assets 2017 2018 SMOLIRA GOLF

 Q Search Chapter 03 Pre-Built Problems 0 Saved Help Save &

Q Search Chapter 03 Pre-Built Problems 0 Saved Help Save & E Screen Shot 2 Chapter 03 Pre-Built Problems * Assets 2017 2018 SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 25,700 Accounts payable $ 24,784 16,800 Notes payable 13,000 28,700 Other 13,171 points Current assets Cash Accounts receivable Inventory 10 Skipped $ 24,206 14,048 27,622 $ 28,700 12,400 15,900 eBook Total $ 65,876 $ 71,200 Total $ 50,955 $ 57,000 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation Hint Long-term debt $369,230 260,500 47,350 $ 85,000 points $ 95,455 Print References Skipped $40.000 $ 40,000 Earnings before interest and taxes Interest paid Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 61,380 15,900 230,616 240,545 eBook Fixed assets Net plant and equipment $340,695 $361,800 Total $270,616 $280,545 Hint Taxable income Taxes (21%) $ 45,480 9,551 Print Total assets $ 406,571 $433,000 Total liabilities and owners' equity $406,571 $433,000 $ 35,929 References Net income Dividends Retained earnings $26,000 9,929 The company's profit margin is percent. (Use year-end figures rather than average values where appropriate. Enter your ar percent rounded to 2 decimal places, e.g., 32.16.) The total asset turnover is times. (Round your answer to 2 decin The equity multiplier is times. (Round your answer to 2 decimal places, e.g., 32.16.) Using the DuPont Identity, the co percent. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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