Wal-Mart, Inc., has net income of $9,054,000 on net sales of $256,329,812. The company has total assets

Question:

Wal-Mart, Inc., has net income of $9,054,000 on net sales of $256,329,812. The company has total assets of $104,912,112 and stockholders’ equity of $43,623,445. Use the extended DuPont identity to find the return on assets and return on equity for the firm.

DuPont Identity
The DuPont identity is an expression that shows a company's return on equity (ROE) can be represented as a product of three other ratios: the profit margin, the total asset turnover, and the equity multiplier. The formula for the DuPont identity...