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Please complete the attached document. Please complete the attached document. Please complete the attached document ENTR-401-Exam #2 (Take Home Exam) 26. Microsoft Corp. (NASDAQ: MSFT)

Please complete the attached document. Please complete the attached document. Please complete the attached document

image text in transcribed ENTR-401-Exam #2 (Take Home Exam) 26. Microsoft Corp. (NASDAQ: MSFT) is engaged in designing, manufacturing, selling devices, and online advertising. Currently, the company bas a Return on Assets (ROA) of 8.44 percent, a Return on Equity (ROE) of23.11 percent, and a Net Profit Margin of 19.57 percent. Using the DuPont equation detennine what MSFT's Leverage Ratio and Asset Turnover was. Show your work in the space provided below. DOYER CORP (DaY) 2014 2015 57,753 56,956 Income Statement Revenue 2016 56,794 Cost of revenue ----,4;;-',~77:;:8;---__;:;'4,~3~88~__:;4";,3~2~2 Gross profit 2,974 2,568 2,472 Total operating expenses 1,759 1,647 1,758 Operating income -~1 ,::;-2 ;-;15;--~';;:92::;-1;---':;7:;-14"--Interest Expense 132 132 136 Other income (expense) _;-;;;1;--;0,-_=12,-_-;1",1 ;c-' lncome before taxes 1,094 801 689 Provision for income taxes 316 205 180 et income 5775 5870 5509 27. Using Dover Corporation's (NYSE: DaY) income statement above calculate the company's Leverage (DOL) for 2015 and 2016. Show your work in the space provided below. Degrees of Operating 28. Using Dover Corporation's (NYSE: DaY) income statement above calculate the compan 's Degrees of Combined (or Degrees of Total) Leverage (DCL) for 2015 and 2016. Show your work in the space provided below. Spring 2017 Page 6

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