Question
how do you calculate the DuPont Model, given the following information: cash $16,080, account receivable $9,500, prepaid $3,150, supplies $675, equipment $25,200, accumulated depreciation -
how do you calculate the DuPont Model, given the following information: cash $16,080, account receivable $9,500, prepaid $3,150, supplies $675, equipment $25,200, accumulated depreciation - equipment $8,150 for year one. Cash $20,000, account receivable $15,000, prepaid $1,175, supplies $2,675, equipment $89,057, accumulated depreciation - equipment $36,800 for year 2. Additional year 2 data is as follows; equity equals $82,600, net sales $325,000, net income of $56,824. assume sales revenue and net sales are the same leave as a decimal to 2 places
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