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Balance Sheet DataIncome Statement DataCash$1,300,000Accounts payable$1,560,000Sales$26,000,000Accounts receivable2,600,000Accruals520,000Cost of goods sold15,600,000Inventory3,900,000Notes payable2,080,000Gross profit10,400,000Current assets7,800,000Current liabilities4,160,000Operating expenses6,500,000Long-term debt4,420,000EBIT3,900,000Total liabilities8,580,000Interest expense2,610,400Common stock1,755,000EBT1,289,600Net fixed assets7,800,000Retained earnings5,265,000Taxes451,360Total equity7,020,000Net income$838,240Total assets$15,600,000Total

Balance Sheet DataIncome Statement DataCash$1,300,000Accounts payable$1,560,000Sales$26,000,000Accounts receivable2,600,000Accruals520,000Cost of goods sold15,600,000Inventory3,900,000Notes payable2,080,000Gross profit10,400,000Current assets7,800,000Current liabilities4,160,000Operating expenses6,500,000Long-term debt4,420,000EBIT3,900,000Total liabilities8,580,000Interest expense2,610,400Common stock1,755,000EBT1,289,600Net fixed assets7,800,000Retained earnings5,265,000Taxes451,360Total equity7,020,000Net income$838,240Total assets$15,600,000Total debt and equity$15,600,000

DuPont Analysis Ratios (Value)

Correct?

Gross profit margin (40.00%)

Operating profit margin (4.96%)

Net profit margin (5.37%)

Return on equity (16.32%)

Total asset turnover (1.67x)

Debt ratio (55.00%)

Equity multiplier (1.82)

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