Following are selected financial data in thousands of dollars for the Hunter Corporation. a. Diagram the expanded
Question:
a. Diagram the expanded Du Pont system for Hunter for 2012.
b. Use the Du Pont system to calculate the return on assets for the two years, and determine why theychanged.
Transcribed Image Text:
2011 S400 600 1,000 200 200 600 Total liabilities and equity 1,200 S1,000 S1,500 S1,200 1,100 100 2012 Current assets Fixed assets, net Total assets Current liabilities Long-term debt Common equity S 500 700 1,200 300 200 700 Net sales Total expenses Net income 1,390 110
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 47% (17 reviews)
a Using Du Pont system ROE ProfitSales x SalesAss...View the full answer
Answered By
Jonas Araujo
I have recently received the degree of PhD. In Physics by the Universidade Federal do Maranhão after spending a term in Durham University, as I have been awarded a scholarship from a Brazilian mobility program. During my PhD. I have performed research mainly in Theoretical Physics and published works in distinguished Journals (check my ORCID: https://orcid.org/0000-0002-4324-1184).
During my BSc. I have been awarded a scholarship to study for a year in the University of Evansville, where I have worked in detection-analysis of photon correlations in the the Photonics Laboratory. There I was a tutor in Electromagnetism, Classical Mechanics and Calculus for most of that year (2012).
I am very dedicated, honest and a fast learner, but most of all, I value a job well done.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Introduction to Finance Markets Investments and Financial Management
ISBN: 978-1118492673
15th edition
Authors: Melicher Ronald, Norton Edgar
Question Posted:
Related Video
The Dupont analysis is an expanded return on equity formula, calculated by multiplying the net profit margin by the asset turnover by the equity multiplier. The DuPont analysis is also known as the DuPont identity or DuPont model.This Video will guide on how to calculate return on Equity and estimate profitability of shareholders using DuPont Analysis.
Students also viewed these Accounting questions
-
Selected financial data in thousands of dollars for the Hunter Corporation are listed in the text. a. Calculate Hunters rate of return on total assets in 2015 and in 2014. Did the ratio improve or...
-
Calculate UTX's return on assets and return on equity using the 3-step DuPont decomposition for each year 2010-2012.
-
The following matrix shows the costs in thousands of dollars for assigning Individuals A, B, C, and D to Jobs 1, 2, 3, and 4. Solve the problem showing your final assignments in order to minimize...
-
To compute trend percents the analyst should: A. Select a base period, assign each item in the base period statement a weight of 100%, and then express financial numbers from other periods as a...
-
In each of the following situations, explain the extent to which the empirical results offer reliable evidence for (or against) market efficiency. (a) A research study using data for firms...
-
At a price of $1.88 per pound, the supply for cherries in a large city is 16,000 pounds, and the demand is 10,600 pounds. When the price drops to $1.46 per pound, the supply decreases to 10,000...
-
Some of the traditional sustainability reports are an integrated report, a triple bottom line report, and a CSR report. Research the background of these reports and explain the difference between...
-
D-List Calendar Co. specializes in manufacturing calendars that depict obscure comedians. The company uses a standard cost system to control its costs. During one month of operations, the direct...
-
1. 2. (c) Be(OH)2 (d) Sr(OH)2 Number of amphoteric compounds among the following is (a) BeO (B) Bao The stepwise formation of [Cu(NH)]* is given below: C ANH, LE [Cu(NH, ) [Cu(NH)]+NH, [Cu(NH3)2]+NH,...
-
Phil Williams and Liz Johnson are 60% and 40% shareholders, respectively, in WJ Corporation, a Subchapter S corporation. The corporation had the following activity during the year: Income...
-
Find a recent research article from a scholarly journal in the field of sociology. It must have been published less than 12 years ago. Do not use newspaper or magazine articles or websites such as...
-
Which incentives do managers have to act in the stockholder's interest? Name two and explain each in one or two sentences.
-
What type of strategy has Nucor followed? Which of the five generic strategies discussed in Chapter 5 is Nucor employing? Is there any reason to believe that Nucor has achieved a sustainable...
-
z 0.15 Find the value of z .
-
Over the past five years, improvements in technology and increased investment by a large proportion of the major companies in the garment industry have led to a significant decrease in employment....
-
z 0.02 Find the value of z .
-
Data of 120 Hotels in the Euro zone were collected and stored in the file Hotel. Variables includes are location (distance from city center in meters), wellness services \((1=\) yes, \(0=\) no), room...
-
How students perform at university is influenced by several factors. The file Accounting contains information on 75 students who took the same accounting course at a university. Variables included...
-
How many moles of CaF 2 are there in 25.0 mL of 0.350 M CaF 2 (aq)?
-
H Corporation has a bond outstanding. It has a coupon rate of 8 percent and a $1000 par value. The bond has 6 years left to maturity but could be called after three years for $1000 plus a call...
-
Philip and Susan Moyer have two children who are both in the first four years of college. They incur $4,500 in tuition expenses for each of the two children. What is the maximum amount of American...
-
Data for Elbert Company are presented in P17-3A. Instructions Prepare the operating activities section of the statement of cash flows using the direct method.
-
Grania Companys income statement contained the condensed information below. Granias balance sheet contained the comparative data at December 31, shown below. Accounts payable pertain to operating...
-
Data for Grania Company are presented in P17-5A. Instructions Prepare the operating activities section of the statement of cash flows using the direct method.
-
Ron owns 6 % of USAco, a U . S . corporation. Ron is a nonresident alien. USAco pays Ron a $ 1 , 2 0 0 dividend during the current year. Ron also purchases an unassignable bond issued by USAco, and...
-
Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during the year-Job P and Job Q. The company uses a...
-
Dora Johari started her transport business on 1 July 2015. She purchased the following vehicles on the same day: Pickup at Sh.4,500,000. Lorry at Sh.6,000,000. Lorry at Sh.15,000,000. KZ 414A KB...
Study smarter with the SolutionInn App