Question: Need answers for part B and D. please show work! Bethesda Mining Company reports the following balance sheet information for 2021 and 2022 Suppose that


Bethesda Mining Company reports the following balance sheet information for 2021 and 2022 Suppose that the Bethesda Mining Company had sales of $2,216,873 and net income of $103,381 for the year ending December 31 , 2022. Calculate ROE using the DuPont identity. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and return on equity as a percent. Answer is complete but not entirely correct. a. Profit Margin = Net Income / Sales 103,381/2,216,873= b. Total Asset Turnover = Sales / Average and total assets 2,216,873/[(886,479+915,987)2]= c. Equity Multiplier= Total assets/total equity 915,987/400,038= d. Return on Equity = Profit margin* Total asset turnover* Equity multiplier 4.6634%2.459822.28975=26.266%
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