You will be provided with a case study of a company. Your task is to examine the company$$s financial data points and derive the ratios. Case Study: Company Name: Hitech Innovations Background:

The following data applies to Hitech Innovations $($millions of dollars$)$:

Cash $$400,$

Fixed Assets $$4,300$

Sales $$14,600$

Net Income $$730$

Quick Ratio $2\mathrm{.}0$

Current Ration $3\mathrm{.}0$

DSO $40$ days

ROE $12\mathrm{.}5\%$

Tasks:

$1)$ Read and analyse the provided case study on the multiple financial data. The firm $($Hitech Innovations$)$ has no preferred stock $$ only common equity, current liabilities and long$-$term debt.

$2)$ Find Hitech$$s $(1)$ accounts receivable, $(2)$ current liabilities, $(3)$ current assets, $(4)$ total assets, $(5)$ ROA, $(6)$ common equity, $(7)$ long$-$term debt, $(8)$ equity multiplier, $(9)$ profit margin and $(10)$ total asset turnover.

$3)$ Substitute your calculated profit margin, total asset turnover and equity multiplier into the DuPont equation and verify that resulting ROE is $12\mathrm{.}5\%.$