Balance Sheet Data Income Statement Data Cash $1,200,000 Sales Accounts receivable $1,000,000 2,000,000 3,000,000 6,000,000 Inventory Current assets Accounts payable Accruals Notes payable Current liabilities Long-term debt Total liabilities Common stock Retained earnings Total equity Total debt and equity $20,000,000 10,000,000 10,000,000 5,000,000 5,000,000 400,000 1,600,000 3,200,000 2,300,000 5,500,000 1,125,000 3,375,000 4,500,000 $10,000,000 Cost of goods sold Gross profit Operating expenses EBIT Interest expense 468,000 EBT 4,532,000 Net fixed assets 4,000,000 Taxes Net income 1,133,000 $3,399,000 Total assets $10,000,000 , the total asset If I remember correctly, the DuPont equation breaks down our ROE into three component ratios: the turnover ratio, and the And, according to my understanding of the DuPont equation and its calculation of ROE, the three ratios provide insights into the company's , effectiveness in using the company's assets, and Now, let's see your notes with your ratios, and then we can talk about possible strategies that will improve the ratios. I'm going to check the box to the side of your calculated value if your calculation is correct and leave it unchecked if your calculation is incorrect. Cepeus Manufacturing Inc. DuPont Analysis Ratios Value Correct/Incorrect Ratios Value Correct/Incorrect Asset management ratio 50.00 Total assets turnover 2.00 Profitability ratios Gross profit margin (%) Operating profit margin (%) Net profit margin (%) Return on equity (%) 22.66 33.99 123.72 Financial ratios Equity multiplier 1.82