Question: Based on accounting information provided below, ( a ) apply the 3 - factor Du Pont model to calculate the ROE for the firm. (

Based on accounting information provided below, (a) apply the 3-factor Du Pont model to calculate the ROE for the firm. (b) If the industry average profit margin is roughly 15%, the average asset turnover is 1.5, and the average ROE is 20%, comment on your calculated results. (10 marks)Total sales$4,500,000Earning before I and T$1,250,000Net income$270,000Total assets$5,000,000Total liabilities$4,500,000Total equity$500,000Dividend paid out$100,000

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