PLEASE SOLVE USING APPROPRIATE FORMULAS AND PLEASE EXPLAIN EVERY STEP

Using the information provided in the table below, compute and interpret the Return on Equity (ROE) using the Dupont model and then using the ROE ratio for both 2010 and 2011 Balance Sheet, end of yr 2010, 2011 Net Income Statement, during the years 201, 2011 Accrual basis 2010 2011 Cash Accounts Receivable Inventony Other Assets 100,000 4,351,411 6,050,533 28,000 Property and Equipment700,000643,333 11,173,277 50,000 3,286,595 ,901,293 25,000 2010 38,697,000 23,605,170 15,091,830 2011 5,379,000 27,227,400 18,151,600 Sales Revenue Cost of Sales Total Assets 9,962,888 Gross Margin Accounts Payable Accrued Expenses Line of Credit Total Liabilities ,537900 ,293,007 104,423 6,935 330 3,934,195 1,330,254 Expenses: General & Admin Interest Depreciation 13,302,538 14,366,741 115,195 56,667 14,538,603 3,612,997 1,445,199 2167,798 628 170,840 56,667 13,530,045 1,561,785 624,714 937,071 7,892,739 Retained Earnings Shareholders Equity Total Equity Total Liabilities and Equity 1,570,149 500,000 2,070,149 9,962,888 ,737 947 500,000 4,237,947 11173 277 Income Before Tax Income Tax Expense Net income