The DuPont system allows us to break down the return on equity into: A. return on assets
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The DuPont system allows us to break down the return on equity into:
A. return on assets and the financial leverage ratio.
B. profit margin, the tax retention ratio, and inventory turnover.
C. gross profit margin, total asset turnover, and the debt-to-equity ratio.
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Related Book For
Corporate Finance A Practical Approach
ISBN: 9781118217290
2nd Edition
Authors: Michelle R Clayman, Martin S Fridson, George H Troughton, Matthew Scanlan
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