Reference no: EM131309915

Bethesda Mining Company reports the following balance sheet information for 2015 and 2016.

BETHESDA MINING COMPANY Balance Sheets as of December 31, 2015 and 2016
	2015				2016					2015				2016
Assets									Liabilities and Owners' Equity
Current assets									Current liabilities
Cash	$	65,470			$	82,487			Accounts payable	$	186,922			$	194,611
Accounts receivable		65,281				85,639			Notes payable		82,020				133,588
Inventory		116,676				181,549			Total	$	268,942			$	328,199
Total	$	247,427			$	349,675			Long-term debt	$	231,000			$	167,750
									Owners' equity
									Common stock and paid-in surplus	$	224,000			$	224,000
Fixed assets									Accumulated retained earnings		182,232				219,704
Net plant and equipment	$	658,747			$	589,978			Total	$	406,232			$	443,704
Total assets	$	906,174			$	939,653			Total liabilities and owners' equity	$	906,174			$	939,653

Suppose that the Bethesda Mining Company had sales of $2,316,873 and net income of $93,381 for the year ending December 31, 2016.

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		4.03 %
Total asset turnover		times
Equity multiplier		times
Return on equity		%