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Bald Eagle, Inc reports the following balance sheet Information for 2018 and 2019. Bald Eagle,...

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Finance

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Bald Eagle, Inc reports the following balance sheet Information for 2018 and 2019. Bald Eagle, Inc. Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 31,982 $ 41,399 Accounts payable Accounts receivable 58,781 79,139 Notes payable Inventory 131,971 198,632 2018 2019 $ 193,422 $ 201,111 88,520 140,088 Total $ 281,942 $ 341,199 Total $222,734 $ 319,170 Long-term debt $244,000 $ 180,750 Owners' equity Common stock and paid in surplus $ 211,000 $ 211,000 Accumulated retained earnings 143,239 75,549 Fixed assets Net plant and equipment $657,447 $589,328 Total $354,239 $386,549 Total assets $ 880,181 $908,498 Total liabilities and owners' equity $ 880,181 $908,498 Suppose that the Bald Eagle had sales of $2,186,873 and net income of $106,381 for the year ending December 31, 2019. Calculate ROE using the DuPont identity. (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.) % Profit margin Total asset turnover Equity multiplier Retum on equity times times %

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