Question: d Below the income statement and balance sheet for ABC Ltd.: Income Statement Balance Sheet BDT in '000 BDT in 000 Sales 4800 Assets Cost

d Below the income statement and balance sheet for ABC Ltd.: Income Statement Balance Sheet BDT in '000 BDT in 000 Sales 4800 Assets Cost of goods sola 4070 Current assets 1760 Gross margin 730 Net fixed assets 2080 Operating expenses 400 Total assets 38410 Operating income 330 Liabilities & equity Interest expense 110 Current liabilities 1260 Eurnings before taxes 220 Long term liabilities 1150 Taxes 80 Common equity 1430 Not income 140 Total liability & equity 38.40 Required: Prepare a common size income statement, common size balance sheet and calculate the return on equity (ROE) and prove it (ROE) by using extended DuPont system
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
