Question: Finance problems 17.4: Perform a Du Pont analysis on BestCare. Assume that the industry average ratios are as follows: Total margin-3.8% Total asset turnover-2.1 Equity
Finance problems 17.4: Perform a Du Pont analysis on BestCare. Assume that the industry average ratios are as follows: Total margin-3.8% Total asset turnover-2.1 Equity multiplier-3.2 Return on equity (ROE)-25.2% b. calculate and interpret the following ratios for best care: Return on assets (ROA) Industry Average-8.0% Current Ratio Industry Average-1.3 Days cash on hand Industry Average-41 days Average college period Industry Average-7 days Debt ratio Industry Average-69% Debt-to-equity ratio Industry Average-2.2 Times Interest Earned (TIE) ratio Industry Average-2.8 Fixed assets turnover ratio Industry Average-5.2
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