Refer to the balance sheet and income statement for Abercrombie Supply Company for the fiscal year ended

Question:

Refer to the balance sheet and income statement for Abercrombie Supply Company for the fiscal year ended June 30, 2014. Use the DuPont equation to calculate the return on equity (ROE). In the process, calculate the following ratios: profit margin, EBIT return on assets, equity multiplier, total asset turnover?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...