Question
Calculate the DuPont Model, given the following information:cash=$16,080; accounts receivable= $9,500; prepaid = $3,150;supplies =$675; equipment =$25,200; accumulated depreciation -equipment = $8,150 for year one.
Calculate the DuPont Model, given the following information:cash=$16,080; accounts receivable= $9,500; prepaid = $3,150;supplies =$675; equipment =$25,200; accumulated depreciation -equipment = $8,150 for year one. Cash = $20,000; accountsreceivable = $15,000; prepaid = $1,175; supplies = $2,675;equipment = $89,057; accumulated depreciation - equipment =$36,800for year 2. Additional year 2 data is as follows: equity equals$82,600; net sales = $325,000; net income of $56,824. Assume salesrevenue and net sales are the same, leave as a decimal to twoplaces.
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