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assistance with calculation of the DuPont Model given the following info: Year 1- cash= 16,080, accounts receivable-9,500, prepaid-3,150, supplies=675, equipment-25,200, accumulated depreciation-equip 8,150 Year 2
assistance with calculation of the DuPont Model given the following info:
Year 1- cash= 16,080, accounts receivable-9,500, prepaid-3,150, supplies=675, equipment-25,200, accumulated depreciation-equip 8,150
Year 2 -cash-20,000, AR-15,000, prepaid-1,175, supplies-2,675, equipment-89,057, accumulated depr -equip -36,800
Additional year 2 data - equity equals 82,600, net sales-325,000, net income-56,824. Assume sales revenue and net sales are the same, leave as a decimal to two places.
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