1. Sandhill, Inc., has net income of $14,964,000 on net sales of $348,000,000.The company has total assets...
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1. Sandhill, Inc., has net income of $14,964,000 on net sales of $348,000,000.The company has total assets of $116,000,000 and stockholders’ equity of $40,000,000. Use the extended DuPont identity to find the return on assets and return on equity for the firm.
Profit margin:
Total assets turnover:
ROA:
ROE:
2.Crane Sports Innovations has disclosed the following information:
| EBIT | = | $22,680,000 | |
| Net income | = | $12,600,000 | |
| Net sales | = | $81,000,000 | |
| Total debt | = | $34,000,000 | |
| Total assets | = | $84,000,000 |
Compute the following ratios for this firm using the DuPont identity: debt-to-equity ratio, EROA, ROA, and ROE
Expert Answer:
Sure lets solve each question step by step 1 Sandhill Inc Given Net Income NI 14964000 Net Sales NS ... View the full answer
Related Book For 
Financial Management Theory and Practice
ISBN: 978-0176517304
2nd Canadian edition
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
Posted Date:
