Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Current assets
Cash
Accounts receivable
Inventory
Total
Assets
Sales
Cost of goods sold
Depreciation
Fixed assets
Net plant and equipment $49,749 $74,097
Total assets
$70,215
$97,107
EBIT
Interest paid
Taxable income
Taxes
SMOLIRA GOLF, INC.
Balance Sheets as of December 31, 2015 and 2016
2015
2016
SMOLIRA GOLF, INC.
2016 Income Statement
Net income
Dividends
Retained earnings
$3,251
4,777
$ 3,407
5,801
13,802
12,438
$20,466 $23,010
$11,885
23,322
$186,970
126,003
5,353
$ 55,614
1,450
$ 54,164
18,957
$ 35,207
2015
Liabilities and Owners' Equity
Current liabilities
Accounts payable
Notes payable
Other
Total
Long-term debt
Owners' equity
Common stock and paid-in surplus
Accumulated retained earnings
Total
2016
$ 2,143 $ 2,580
1,740 2,096
88
105
$3,971 $4,781
$13,600 $16,360
$37,000
15,644
$37,000
38,966
$52,644 $75,966
Total liabilities and owners' equity $70,215 $97,107
Construct the DuPont identity for Smolira Golf. (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.)
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