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Calculate dividend paid, the components of the Du Pont identity and ROE for the company. Use year-end 2018 values where appropriate. RST, Inc. 2018 statement

Calculate dividend paid, the components of the Du Pont identity and ROE for the company. Use year-end 2018 values where appropriate.

RST, Inc.

2018 statement of comprehensive income

($ in millions)

Net sales

$8,769

Cost of goods sold

6,128

Depreciation

1364

Earnings before interest and taxes

1277

Interest paid

730

Taxable Income

547

Taxes

186

Net income

361

Dividends paid

?

Addition to retained earnings

?

RST, Inc.

2017 and 2018 Statement of financial positions

($ in millions)

2017

2018

2017

2018

Cash

$1423

$965

Accounts payable

1007

2251

A/R

3196

2894

Notes payable

2100

1850

Inventory

1543

1650

Total

3107

4101

Total

5162

5509

Long-term debt

8670

7280

Net fixed assets

21300

22578

Common stock

7200

9200

Retained earnings

7485

7686

Total Assets

26462

28267

Total liab. & equity

26462

28267

Calculate dividend paid, the components of the Du Pont identity and ROE for the company. Use year-end 2018 values where appropriate.

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