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Balance Sheet Data Cash Accounts receivable Inventory Current assets and Net fixed assets Total assets $1,000,000 2,000,000 3,000,000 6,000,000 company's 8,000,000 $14,000,000 Accounts payable Accruals
Balance Sheet Data Cash Accounts receivable Inventory Current assets and Net fixed assets Total assets $1,000,000 2,000,000 3,000,000 6,000,000 company's 8,000,000 $14,000,000 Accounts payable Accruals Notes payable Current liabilities. Long-term debt Total liabilities Common stock Retained earnings Total equity Total debt and equity $1,200,000 400,000 1,600,000 3,200,000 4,500,000 7,700,000 1,575,000 4,725,000 6,300,000 $14,000,000 Income Statement Data Sales Cost of goods sold Gross profit Operating expenses EBIT Interest expense EBT Taxes If I remember correctly, the DuPont equation breaks down our ROE into three component ratios: the turnover ratio, and the Net income And, according to my understanding of the DuPont equation and its calculation of ROE, the three ratios provide insights into the , effectiveness in using the company's assets, $20,000,000 12,000,000 8,000,000 5,000,000 3,000,000 732,000 2,268,000 567,000 $1,701,000 the total asset
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