Question
1. Calculate the DuPont Model, given the following information: cash = $16,080; accounts receivable = $9,500; prepaid = $3,150; supplies = $675; equipment= $25,200; accumulated
1.Calculate the DuPont Model, given the following information: cash = $16,080; accounts receivable = $9,500; prepaid = $3,150; supplies = $675; equipment= $25,200; accumulated depreciation equipment = $8,150 for year one. Cash = $20,000; accounts receivable = $15,000; prepaid = $1,175; supplies = $2,675; equipment = $89,057; accumulated depreciation equipment = $36,800; for year 2. Additional year 2 data is as follows: equity equals $82,600; net sales = $325,000; net income of $56,824. Assume sales revenue and net sales are the same, leave as a decimal to two places.1.Calculate the DuPont Model, given the following information: cash = $16,080; accounts receivable = $9,500; prepaid = $3,150; supplies = $675; equipment= $25,200; accumulated depreciation equipment = $8,150 for year one. Cash = $20,000; accounts receivable = $15,000; prepaid = $1,175; supplies = $2,675; equipment = $89,057; accumulated depreciation equipment = $36,800; for year 2. Additional year 2 data is as follows: equity equals $82,600; net sales = $325,000; net income of $56,824. Assume sales revenue and net sales are the same, leave as a decimal to two places.
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