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Consider the following income statement and comparative bolance sheet. Compute the following amounts for year 2022. Enter your responses below. Do not round intermediate calculations.
Consider the following income statement and comparative bolance sheet. Compute the following amounts for year 2022. Enter your responses below. Do not round intermediate calculations. a. Compute return on equity (ROE). b. Calculate ROE using the ROA and Financial Leverage (FL) components. (Financial leverage equals average total asset c. Calculate ROA using the Profit Margin (PM) and Asset Turnover (AT) components. d. Confirm the full DuPont formula: ROE =PMATFL
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