80 ints 2021 2022 Cash $ 3,121 Accounts receivable $ 3,157 5,751 13,752 $ 20,411 $ 22,660 Fixed assets Net plant and equipment Total assets Sales SHOLIRA GOLF, INCORPORATED 2022 Income Statement $ 187,970 $51,884 $ 72,295 $76,917 Some recent inancial Statements for SO GO Corporated, follow Assets Current assets Inventory Total SMOLIRA GOLF, INCORPORATED Balance Sheets as of December 31, 2021 and 2022 4,752 12,538 Liabilities and Owners' Equity Current liabilities Accounts payable Other Owners' equity Total 2021 $ 2,168 1,765 93 $4,026 $ 13,100 $ 39,500 15,669 $55,169 2022 $ 2,630 2,146 110 $4,886 $ 15,860 $ 39,500 39,331 Notes payable Total Long-term debt Common stock and paid-in surplus Accumulated retained earnings $ 99,577 Total liabilities and owners' equity $ 72,295 $ 78,831 $ 99,577 Cost of goods sold Depreciation ESIT Interest paid Taxable income Taxes Net income Dividends Retained earnings 126,503 5,303 $ 56,164 1,400 $ 54,764 19,167 $ 35,597 $ 11,935 23,662 Construct the DuPont identity for Smolira Golf. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and return on equity as a percent. Answer is not complete. Profit margin Total asset turnover Equity multiplier Return on equity 18.94 86 1.89 times 2.00 times 96

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Question
80
ints
2021
2022
Cash
$ 3,121
Accounts receivable
$ 3,157
5,751
13,752
$ 20,411
$ 22,660
Fixed assets
Net plant and equipment
Total assets
Sales
SHOLIRA GOLF, INCORPORATED
2022 Income Statement
$ 187,970
$51,884
$ 72,295
$76,917
Some recent inancial Statements for SO GO Corporated, follow
Assets
Current assets
Inventory
Total
SMOLIRA GOLF, INCORPORATED
Balance Sheets as of December 31, 2021 and 2022
4,752
12,538
Liabilities and Owners' Equity
Current liabilities
Accounts payable
Other
Owners' equity
Total
2021
$ 2,168
1,765
93
$4,026
$ 13,100
$ 39,500
15,669
$55,169
2022
$ 2,630
2,146
110
$4,886
$ 15,860
$ 39,500
39,331
Notes payable
Total
Long-term debt
Common stock and paid-in surplus
Accumulated retained earnings
$ 99,577
Total liabilities and owners' equity
$ 72,295
$ 78,831
$ 99,577
Cost of goods sold
Depreciation
ESIT
Interest paid
Taxable income
Taxes
Net income
Dividends
Retained earnings
126,503
5,303
$ 56,164
1,400
$ 54,764
19,167
$ 35,597
$ 11,935
23,662
Construct the DuPont identity for Smolira Golf.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and
return on equity as a percent.
Answer is not complete.
Profit margin
Total asset turnover
Equity multiplier
Return on equity
18.94
86
1.89
times
2.00 times
96
Transcribed Image Text:80 ints 2021 2022 Cash $ 3,121 Accounts receivable $ 3,157 5,751 13,752 $ 20,411 $ 22,660 Fixed assets Net plant and equipment Total assets Sales SHOLIRA GOLF, INCORPORATED 2022 Income Statement $ 187,970 $51,884 $ 72,295 $76,917 Some recent inancial Statements for SO GO Corporated, follow Assets Current assets Inventory Total SMOLIRA GOLF, INCORPORATED Balance Sheets as of December 31, 2021 and 2022 4,752 12,538 Liabilities and Owners' Equity Current liabilities Accounts payable Other Owners' equity Total 2021 $ 2,168 1,765 93 $4,026 $ 13,100 $ 39,500 15,669 $55,169 2022 $ 2,630 2,146 110 $4,886 $ 15,860 $ 39,500 39,331 Notes payable Total Long-term debt Common stock and paid-in surplus Accumulated retained earnings $ 99,577 Total liabilities and owners' equity $ 72,295 $ 78,831 $ 99,577 Cost of goods sold Depreciation ESIT Interest paid Taxable income Taxes Net income Dividends Retained earnings 126,503 5,303 $ 56,164 1,400 $ 54,764 19,167 $ 35,597 $ 11,935 23,662 Construct the DuPont identity for Smolira Golf. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and return on equity as a percent. Answer is not complete. Profit margin Total asset turnover Equity multiplier Return on equity 18.94 86 1.89 times 2.00 times 96
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