Some recent financial statements for Smolira Golf, Incorporated, follow Assets Current assets Cash Accounts receivable...
80.2K
Verified Solution
Question
Accounting
Some recent financial statements for Smolira Golf, Incorporated, follow Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets SHOLIRA GOLF, INCORPORATED 2022 Income Statement Sales Cest of goods sold Depreciation EBIT Interest paid Taxable income Taxes Net Income Dividends Retained earnings $188,170 126,603 5,293 $56,274 1,390 $ 54,884 19,209 $ 35,675 SHOLTRA GOLF, INCORPORATED Balance Sheets as of December 31, 2021 and 2022 Liabilities Owners' Equity 2022 2021 $ 3,091 4,747 12,558 $ 20,396 $ 11,945 23,730 - $3,107 5,741 13,742 $22,590 $ 52,315 $77,481 $ 72,711 $ 100,071 Current Ilahities Accounts payable Notes payable Other D Tota Long-term debt Owners equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity 2021 $ 2,173 1,779 94 $4,017 $ 13,000 5.40,000 15,674 $55,674 $ 72,711 2022 $2,640 2,156 $4,997 $ 45,760 5:40,000 39,484 $ 100,071 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. Note: Do not round intermediate calcu tions and oun return on equity as a percent. Profit margin Total asset turnover Equity multiplier Return on equity % times times % ans 2


Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.