Use the Du Pont system of financial analysis and the following data to find return on equity:
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Use the Du Pont system of financial analysis and the following data to find return on equity:
• Leverage ratio (assets/ equity).... 2.2
• Total asset turnover.......... 2.0
• Net profit margin.......... 5.5%
• Dividend payout ratio....... 31.8%
DividendA dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Related Book For 
Investments
ISBN: 978-0071338875
8th Canadian Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Stylianos Perrakis, Peter
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