Question: The DuPont formula relates return on equity ( = Net incomet - : Stockholders equityt ) to the company's net profit margin ( = Net
The DuPont formula relates return on equity Net incomet : Stockholders equityt to the company's net profit margin Net income : Sales asset turnover Salest : Total assetst and equity multiplier Total assets : Stockholders equity This Company is in an industry where the average net profit margin is the debttoasset ratio Debt : Total assets is and return on equity is Find below the Companys financial statements for year
Current assets PP&E
Total assets
$ $ $
Debt
Stockholders equity Total
$ $ $
Sales Total costs
Net income
$ $ $
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