Given:

Use the financial statements above to calculate the firms DuPont ROE. Calculate ROE and each of its components for the firm and for the industry. Make a table of your results. Compare each component and ROE to the corresponding industry number. Industry averages are as follows: Industry average total debt to total asset ratio: 0.46 Industry average net profit margin: 7.2 percent Industry average ROE: 15.25%

How do you find the TAT and EM for the industry (not the firm)????

Answers Given:

TAT=1.144

EM= 1.852