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A sheaf of papers in her hand, your friend and colleague, Chloe, steps into your office and asked the following. CHLOE: Do you have 1

A sheaf of papers in her hand, your friend and colleague, Chloe, steps into your office and asked the following.
CHLOE: Do you have 10 or 15 minutes that you can spare?
YOU: Sure, I've got a meeting in an hour, but I don't want to start something new and then be interrupted by the meeting, so how can I help?
CHLOE: I've been reviewing the company's financlal statements and looking for ways to improve our performance, in general, and the company's return on equity, or ROE, in particular. Eric, my new team leader, suggested that I start by using a DuPont analysis, and I'd like to run my numbers and conclusions by you to see whether I've missed anything.
Here are the balance sheet and income statement data that Eric gave me, and here are my notes with my calculations. Could you start by making sure that my numbers re correct?
YOU: Give me a minute to look at these financial statements and to remember what I know about the DuPont analysis.\table[[Balance Sheet Data,,,,,],[Cash,$600,000,Accounts payable,$720,000,Sales,$12,000,000
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