Please help solve I am missing a step in an answer Thanks Problem 4 23 Your answer is partially correct Try again Xtreme Sports Innovations has disclosed the following information EBIT $25,664,300 Net income $13,054,000 Net sales $83,125,336 Total debt $20,885,753 Total assets $71,244,863 Compute the following ratios for this firm using the DuPont identity debt to equity ratio, EBIT ROA, ROA, and ROE (Round answers to 2 decimal places, e g 12 55 or 12 55 ) Debt to equity ratio EBIT ROA ROA ROE

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Question: Please help solve! I am missing a step in an answer. Thanks! Problem 4.23 Your answer is partially correct. Try again. Xtreme Sports Innovations has

Please help solve! I am missing a step in an answer. Thanks!

Problem 4.23


	Your answer is partially correct. Try again.

Xtreme Sports Innovations has disclosed the following information:

EBIT	=	$25,664,300
Net income	=	$13,054,000
Net sales	=	$83,125,336
Total debt	=	$20,885,753
Total assets	=	$71,244,863

Compute the following ratios for this firm using the DuPont identity: debt-to-equity ratio, EBIT ROA, ROA, and ROE.(Round answers to 2 decimal places, e.g.12.55 or 12.55%.)

Debt-to-equity ratio
EBIT ROA		%
ROA		%
ROE		%

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