EARL GREY GOLF CORP. Find the following fincancial ratios for Earl Grey Golf Corp.

tios for Earl Grey Golf Corp. (Use year-end figures rathere than average values where appropriate
2017 and 2018 Statement of Financial Position
Assets Short term solvency ratios 2017 2018
2017 2018 Current Ratio 1.324 1.239
Current Assets Quick Ratio 0.781 0.734
Cash $24,046 $24,255 Cash Ratio 0.514 0.451
Accounts Receivable 12448 15235
Inventory 25392 27155 Asset Utilization ratios
Total $61,886 $66,645 Total Asset Turn over 0.85
Fixed Assets Inventory Turn Over 9.32
Net Plant and equipment $324,695 $365,734 Receivable Turnover 24.09

Total Assets $386,581 $432,379 Long Term Solvency ratios

Total debt ratio 0.89 1
Liabilities and Owner's Equity Debt-equity ratio 1.488 1.525
Equity multiplier 1.664 1.525
Current Liabilities Times interest earned ratio 5.71
Accounts Payable $23,184 $27,420 Cash coverage ratio 7.963
Notes Payable 12000 10800
Others 11571 15553 Profitability ratios
Total $46,755 $53,773 Profit margin 0.119
Long term debt $80,000 $95,000 Return on assets 0.101
Owner's Equity common Stock paid in Surplus $40,000 $40,000 Return on equity 0.154
Reatined Earnings 219826 243606
Total $259,826 $283,606
Total Liabilities and Owner's equity $386,581 $432,379 Construct the DuPont identity for Earl Grey Golf Corp.

ROE = Profit Margin × Total Asset Turnover × Equity Multiplier

EARL GREY GOLF CORP.
2018 Statement of Comprehensive Income Profit Margin 0.119292853
Total Asset Turnover 0.848783128
Sales $366,996 Equity Multiplier 1.524576349
Cost of Goods sold 253122
Depriciation 32220 ROE 15.44%
Earning before interest and tax $81,654
Interest paid $14,300
Taxable income $67,354
Taxes (35%) 23574
Net Income $43,780
Dividends $20,000
Additions to retained earnings $23,780