Moore Optical, Inc., provides a full line of designer eyewear to optical dispensaries. Moore reported the following
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Compute return on assets (ROA) for 2014 and 2013. Using the DuPont model, identify the components and state whether each improved or worsened from 2013 to2014.
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2014 2013 Sales revenue Net incomc.... Average total asse $500,000 $450,000 37,500 33,600 $250,000 $240,000 ……
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DuPont Analysis Net profit margin ratio X Total asset turnover ROA Net incomeNet sales ...View the full answer
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Related Book For
Financial Accounting
ISBN: 978-0133427530
10th edition
Authors: Walter Harrison, Charles Horngren, William Thomas
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Related Video
The Dupont analysis is an expanded return on equity formula, calculated by multiplying the net profit margin by the asset turnover by the equity multiplier. The DuPont analysis is also known as the DuPont identity or DuPont model.This Video will guide on how to calculate return on Equity and estimate profitability of shareholders using DuPont Analysis.
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