Question
Bottlebrush Company has income from operations of $125,172, invested assets of $183,000, and sales of $695,400. Use the DuPont formula to calculate the return on
Bottlebrush Company has income from operations of $125,172, invested assets of $183,000, and sales of $695,400.
Use the DuPont formula to calculate the return on investment, and show (a) the profit margin, (b) the investment turnover, and (c) the return on investment. Round answers to one decimal place.
| a. Profit Margin | fill in the blank 1 | % |
| b. Investment Turnover | fill in the blank 2 | |
| c. Return on Investment | fill in the blank 3 | % |
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Financial Accounting
Authors: Walter B. Meigs, Robert F. Meigs, Mark Bettner, Ray Whittington
9th Edition
0070434360, 978-0070434363
