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Income Statement Du Pont Dow PPG Revenues $24,726 $27,805 $8,169 COGS 16,727 22,015 5,137 Gross Profit 7,999 5,790 3,032 SG&A Expenses 4,513 2,807 1,764 Net

Income Statement

Du Pont

Dow

PPG

Revenues

$24,726

$27,805

$8,169

COGS

16,727

22,015

5,137

Gross Profit

7,999

5,790

3,032

SG&A Expenses

4,513

2,807

1,764

Net Income

4,339

-385

387

Balance Sheet

Du Pont

Dow

PPG

Cash & MS

$5,763

$220

$108

Receivables, net

3,903

5,098

1,416

Inventories

4,215

4,440

904

Total Current Assets

14,801

10,308

2,703

Fixed Assets, net

13,287

13,579

2,752

Total Assets

40,319

35,515

8,452

Total Current Liabilities

8,067

8,125

1,955

Total Liabilities

25,867

25,522

5,372

Total Equity

14,452

9,993

3,080

Additional Inforamtion for prior year (20yy)

DuPont

Dow

PPG

Inventory

$4,658

$3,463

$1,121

Receivables, net

4,552

5,385

1,563

Working Capital

2,401

1,387

550

Fixed Assets, net

13,287

13,579

2,752

Total Assets

39,426

27,645

9,125

Total Equity

13,299

9,686

3,097

Complete these tables using common-size analysis for Du Pont: (Use Dow and PPG results as a guide)

Common - Size Income Statement

Du Pont

Dow

PPG

Revenues

100.00%

100.00%

COGS

79.18%

62.88%

Gross Profit

20.82%

37.12%

SG&A Expenses

10.10%

21.59%

Net Income

-1.38%

4.74%

Common Size Balance Sheet

Du Pont

Dow

PPG

Cash & MS

0.62%

1.28%

Receivables, net

14.35%

16.75%

Inventories

12.50%

10.70%

Total Current Assets

29.02%

31.98%

Fixed Assets, net

38.23%

32.56%

Total Assets

100.00%

100.00%

Total Current Liabilities

22.88%

23.13%

Total Liabilities

71.86%

63.56%

Total Equity

28.14%

36.44%

Financial Ratios Profitability. Given the information above, calculate the profitability ratios for Du Pont. Rate DuPont's profitability from 1 to 10.

Du Pont

Dow

PPG

Gross Margin

20.82%

37.12%

Return on Sales

-1.38%

4.74%

Return on Assets

-1.22%

4.40%

Return on Total Equity

-3.91%

12.53%

Dividend Payout*

-314.99%

72.93%

Ratings

1-2

4-5

*Dividends per share for 20xx: Du Pont $1.40; Dow $1.34; PPG $1.68

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