Lexington Inns reported these figures for 2013 and 2012 (in millions): Requirements 1. Use DuPont analysis to

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Lexington Inns reported these figures for 2013 and 2012 (in millions):

Lexington Inns reported these figures for 2013 and 2012 (in


Requirements
1. Use DuPont analysis to compute Lexington€™s return on assets and return on common stockholders€™ equity for 2013.
2. Do these rates of return suggest strength or weakness? Give your reason.
3. What additional information do you need to make the decision in(2)?

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Financial accounting

ISBN: 978-0132751124

9th edition

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom

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