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Cash Accounts receivable Inventory Current assets Net fixed assets Total assets Balance Sheet Data $700,000 1,400,000 2,100,000 $4,200,000 5,600,000 $9,800,000 Accounts payable Accruals Notes payable
Cash Accounts receivable Inventory Current assets Net fixed assets Total assets Balance Sheet Data $700,000 1,400,000 2,100,000 $4,200,000 5,600,000 $9,800,000 Accounts payable Accruals Notes payable Current liabilities Long-term debt Total liabilities Common stock Retained earnings Total equity Total debt and equity $840,000 280,000 1,120,000 $2,240,000 3,640,000 $5,880,000 980,000 2,940,000 $3,920,000 $9,800,000 Income Statement Data Sales Cost of goods sold Gross profit Operating expenses EBIT Interest expense EBT Taxes Net income If I remember correctly, the DuPont equation breaks down our ROE into three component ratios: the turnover ratio, and the $14,000,000 7,000,000 $7,000,000 3,500,000 $3,500,000 571,200 $2,928,800 1,025,080 $1,903,720 the total asset 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
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