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Halt Corporation's 2021 financial statements reported the following information, with 2020 figures shown for comparison (adapted, and in millions): (Click the icon to view the
Halt Corporation's 2021 financial statements reported the following information, with 2020 figures shown for comparison (adapted, and in millions): (Click the icon to view the data.) Use the DuPont model to compute Halt's return on assets and return on common equity for 2021. Evaluate the rates of return as strong or weak. What additional information would be helpful in making this decision? ( is the symbol for the Japanese yen.) Use the DuPont model to compute Halt's return on assets and return on common equity for 2021. Start by calculating the rate of return on total assets (ROA). Select the DuPont model formula needed and then enter the amounts to calculate ROA for 2021. (Ignore Interest Expense in the ROA calculation. Round percentages to one decimal place, X.X% and other component ratios to three decimal places, X.XXX.) % = ROA % Data table Balance Sheet Total assets Total liabilities Total stockholders' equity (all common) Total liabilities and stockholders' equity Income Statement Net sales revenue Operating expense Interest expense Other expense Net income Print Done 2021 2020 10,622 9,518 7,410 6,640 3,212 2,878 \ 10,622 9,518 7,637 7,285 38 199 115
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