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Lawrence Company included the following items in its financial statements for 2021, the current year (amounts in millions): (Click the icon to view the financial
Lawrence Company included the following items in its financial statements for 2021, the current year (amounts in millions): (Click the icon to view the financial statement items.) Read the requirements. Requirement 1. Use DuPont Analysis to calculate Lawrence's return on assets and return on common equity during 2021 (the current year). The company has no preferred stock outstanding. and other component ratios to three decimal places, X.XXX.) ratios to three decimal places, X.XXX.) Data table Requirements 1. Use DuPont Analysis to calculate Lawrence's return on assets and return on common equity during 2021 (the current year). The company has no preferred stock outstanding 2. Do the company's rates of return look strong or weak? Give your reason. 3. What additional information do you need to make the decision in requirement 2 ? Lawrence Company included the following items in its financial statements for 2021, the current year (amounts in millions): (Click the icon to view the financial statement items.) Read the requirements. Requirement 1. Use DuPont Analysis to calculate Lawrence's return on assets and return on common equity during 2021 (the current year). The company has no preferred stock outstanding. and other component ratios to three decimal places, X.XXX.) ratios to three decimal places, X.XXX.) Data table Requirements 1. Use DuPont Analysis to calculate Lawrence's return on assets and return on common equity during 2021 (the current year). The company has no preferred stock outstanding. 2. Do the company's rates of return look strong or weak? Give your reason. 3. What additional information do you need to make the decision in requirement 2
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