Question
1. DuPont. A firm has a net profit margin of 4.5% on sales of $12 million. Suppose the firm's total capital is $8 million of
1. DuPont. A firm has a net profit margin of 4.5% on sales of $12 million. Suppose the firm's total capital is $8 million of which debt ratio of 60% and interest rate of 8%. Calculate the firm's return on assets (ROA). Hint: Du Pont model.
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Essential Personal Finance A Practical Guide For Students
Authors: Lien Luu, Jonquil Lowe, Jason Butler, Tony Byrne
1st Edition
1138692956, 978-1138692954
