Question: please help 2. In 2021, Thomson Inc. has the net income of $60 million. EBT =$120 million; RevenuesEBT=0.07 (7%);ROE=0.24(24%);TotalAssetsNetincome=0.16(16%) ROE=EBTNetIncomeEBITEBTRevenuesEBITTotalAssetsReventuesTotalEquityTotalAssets Given the financial data above,
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2. In 2021, Thomson Inc. has the net income of $60 million. EBT =$120 million; RevenuesEBT=0.07 (7%);ROE=0.24(24%);TotalAssetsNetincome=0.16(16%) ROE=EBTNetIncomeEBITEBTRevenuesEBITTotalAssetsReventuesTotalEquityTotalAssets Given the financial data above, compute the total asset turnover ratio (Revenues/Total Assets) using DuPont equation (10 points)
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