Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2009 and 2010 2009 2010 2009 2010 Assets Liabilities and Owners’ Equity Current assets Current liabilities Cash $ 3,061 $ 3,057 Accounts payable $ 2,178 $ 2,650 Accounts receivable 4,742 5,731 Notes payable 1,775 2,166 Inventory 12,578 13,732 Other 95 112 Total $ 20,381 $ 22,520 Total $ 4,048 $ 4,928 Long-term debt $ 12,900 $ 15,660 Owners’ equity Common stock and paid-in surplus $ 40,500 $ 40,500 Fixed assets Accumulated retained earnings 15,679 39,477 Net plant and equipment 52,746 78,045 Total $ 56,179 $ 79,977 Total assets $ 73,127 $ 100,565 Total liabilities and owners’ equity $ 73,127 $ 100,565 SMOLIRA GOLF, INC. 2010 Income Statement Sales $ 188,370 Cost of goods sold 126,703 Depreciation 5,283 EBIT $ 56,384 Interest paid 1,380 Taxable income $ 55,004 Taxes 19,251 Net income $ 35,753 Dividends $ 11,955 Retained earnings 23,798 Required: Construct the Du Pont identity for Smolira Golf. (Do not include the percent signs (%). Round your answers to 2 decimal places (e.g., 32.16).) Profit margin % Total asset turnover Equity multiplier Return on equity %

Some recent financial statements for Smolira Golf, Inc., follow.

SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2009 and 2010
	2009		2010				2009		2010
Assets						Liabilities and Owners’ Equity
Current assets						Current liabilities
Cash	$	3,061	$	3,057		Accounts payable	$	2,178	$	2,650
Accounts receivable		4,742		5,731		Notes payable		1,775		2,166
Inventory		12,578		13,732		Other		95		112
Total	$	20,381	$	22,520		Total	$	4,048	$	4,928
						Long-term debt	$	12,900	$	15,660
						Owners’ equity
						Common stock
						and paid-in surplus	$	40,500	$	40,500
Fixed assets						Accumulated retained earnings		15,679		39,477
Net plant and equipment		52,746		78,045		Total	$	56,179	$	79,977
Total assets	$	73,127	$	100,565		Total liabilities and owners’ equity	$	73,127	$	100,565

SMOLIRA GOLF, INC. 2010 Income Statement
Sales			$	188,370
Cost of goods sold				126,703
Depreciation				5,283
EBIT			$	56,384
Interest paid				1,380
Taxable income			$	55,004
Taxes				19,251
Net income			$	35,753
Dividends	$	11,955
Retained earnings		23,798

Required:

Construct the Du Pont identity for Smolira Golf. (Do not include the percent signs (%). Round your answers to 2 decimal places (e.g., 32.16).)

 

Profit margin		%
Total asset turnover
Equity multiplier
Return on equity		%