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Debbie and Kal Inc reported Sales of $76,500,000, Net Income of $15,632,000, total equity of $22,500,000, and total assets of $63,000,000. Using the DuPont Identity,

Debbie and Kal Inc reported Sales of $76,500,000, Net Income of $15,632,000, total equity of $22,500,000, and total assets of $63,000,000. Using the DuPont Identity, the ROE is 0.64. True False
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Debbie and Kal Inc reported Sales of $76,500,000, Net Income of $15,632,000, total equity of $22,500,000, and total assets of $63,000,000. Using the DuPont Identity, the ROE is 0.64 . True False

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