Question: 2 . Financial Ratios ( DuPont Analysis ) : A company reports the following: Net Income: $ 4 0 0 , 0 0 0 Net

2. Financial Ratios (DuPont Analysis):
A company reports the following:
Net Income: $400,000
Net Sales: $2,000,000
Total Assets: $1,500,000
Shareholders Equity: $800,000
Question:
a) Using the DuPont formula, calculate the Return on Equity (ROE).

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