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In simple terms, the DuPont equation for Return on Equity is the following. ROE = NPM * TAT * EM . Where: ROE = return

In simple terms, the DuPont equation for Return on Equity is the following.

ROE = NPM * TAT * EM
.
Where: ROE = return on equity (in simpler form) = Net income/Total stockholders equity
NPM = net profit margin (in simpler form) = Net income/Total revenues
TAT = total asset turnover (in simpler form) = Total revenues/Total assets

EM = equity multiplier = 1+Debt/Equity

Figure out all equations for Lowes with the data below

figuer out all equetions from above .

Lowe's

Income Statement

All numbers in thousands

Revenue 1/29/2016 1/30/2015 1/31/2014
Total Revenue 59,074,000 56,223,000 53,417,000
Cost of Revenue 38,504,000 36,665,000 34,941,000
Gross Profit 20,570,000 19,558,000 18,476,000
Operating Expenses
Research Development - - -
Selling General and Administrative 14,115,000 13,281,000 12,865,000
Non Recurring - - -
Others 1,484,000 1,485,000 1,462,000
Total Operating Expenses - - -
Operating Income or Loss 4,971,000 4,792,000 4,149,000
Income from Continuing Operations
Total Other Income/Expenses Net - - -
Earnings Before Interest and Taxes 4,419,000 4,276,000 3,673,000
Interest Expense - - -
Income Before Tax 4,419,000 4,276,000 3,673,000
Income Tax Expense 1,873,000 1,578,000 1,387,000
Minority Interest - - -
Net Income From Continuing Ops 2,546,000 2,698,000 2,286,000
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income
Net Income 2,546,000 2,698,000 2,286,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares 2,546,000 2,698,000 2,286,000

Lowe's

Balance Sheet

All numbers in thousands

Period Ending 1/29/2016 1/30/2015 1/31/2014
Current Assets
Cash And Cash Equivalents 405,000 466,000 391,000
Short Term Investments 307,000 125,000 185,000
Net Receivables - - 252,000
Inventory 9,458,000 8,911,000 9,127,000
Other Current Assets 391,000 349,000 341,000
Total Current Assets 10,561,000 9,851,000 10,296,000
Long Term Investments 222,000 354,000 279,000
Property Plant and Equipment 19,577,000 20,034,000 20,834,000
Goodwill - - -
Intangible Assets - - -
Accumulated Amortization - - -
Other Assets 665,000 1,349,000 1,323,000
Deferred Long Term Asset Charges 241,000 133,000 133,000
Total Assets 31,266,000 31,721,000 32,732,000
Current Liabilities
Accounts Payable 6,453,000 5,897,000 5,793,000
Short/Current Long Term Debt 1,104,000 552,000 435,000
Other Current Liabilities 2,935,000 2,899,000 2,648,000
Total Current Liabilities 10,492,000 9,348,000 8,876,000
Long Term Debt 11,545,000 10,806,000 10,086,000
Other Liabilities 846,000 869,000 896,000
Deferred Long Term Liability Charges 729,000 730,000 1,021,000
Minority Interest - - -
Negative Goodwill - - -
Total Liabilities 23,612,000 21,753,000 20,879,000
Stockholders' Equity
Misc. Stocks Options Warrants - - -
Redeemable Preferred Stock - - -
Preferred Stock - - -
Common Stock 455,000 480,000 515,000
Retained Earnings 7,593,000 9,591,000 11,355,000
Treasury Stock - - -
Capital Surplus - - -
Other Stockholder Equity -394,000 -103,000 -17,000
Total Stockholder Equity 7,654,000 9,968,000 11,853,000
Net Tangible Assets 7,654,000 9,968,000 11,853,000

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