Refer to the preceding balance sheet and income statement for Greenfern Corporation for the fiscal year ended July 31, 2014 Use the DuPont identity to calculate the return on equity (ROE) In the process, calculate the following ratios net profit margin, total asset turnover, equity multiplier, EBIT...

Net profit margin Net income Net sales 6566 73236 00897 or 897 Total asset turnover Net sal ...

Refer to the preceding balance sheet and income statement for Greenfern Corporation for the fiscal year ended

Question:

Refer to the preceding and income statement for Greenfern for the fiscal year ended July 31, 2014. Use the to calculate the return on equity (ROE). In the process, calculate the following ratios: net profit margin, total asset turnover, equity multiplier, EBIT return on assets (EROA), and return on assets?
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... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... 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...