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A firm has been experiencing low profitability in recent years. Perform an analysis of the firm's financial position using the Dupont equation. The firm has

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A firm has been experiencing low profitability in recent years. Perform an analysis of the firm's financial position using the Dupont equation. The firm has no lease payments but has a $1 million sinking fund payment on its debt. The most recent industry average ratios and the firm's financial statements are as follows: "Calculation is based on a 365-day year. Balance Sheet as of December 31, 2021 (millions of dollars) Income Statement for Year Ended Daramhar 213n31/millianu a dwillat Fixed assets turnover Total assets turnover Profit margin Return on total assets Return on common equity Return on invested capital b. Construct a Dupont equation, and the industry. Do not round intermediate calculations. Round your answers to two decimal places

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