Question: need help with this pratice problem The 2024 income statement for Anderson TV and Appliance reported net sales of $420,000 and net income of $65,000.

need help with this pratice problem

The 2024 income statement for Anderson TV and Appliance reported net sales of $420,000 and net income of $65,000. Average total assets for 2024 was $800,000. Stockholders' equity at the beginning of the year was $500,000, and $20,000 was paid to shareholders as dividends. There were no other stockholders' equity transactions that occurred during the year. Show the DuPont framework's calculation of the three components of the 2024 return on equity for Anderson TV and Appliance. The 2024 income statement for Anderson TV and Appliance reported net sales of $420,000 and ne ncome of $65,000. Average total assets for 2024 was $800,000. Stockholders' equity at the beginr of the year was $500,000, and $20,000 was paid to shareholders as dividends. There were no othe stockholders' equity transactions that occurred during the year. Show the DuPont framework's calculation of the three components of the 2024 return on equity for Anderson TV and Appliance

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