Point A: Suppose that an analyst has noticed that the return on equity of the D Company has declined from FY2019 to FY2020. Using the DuPont formula, explain the source of this decline. In USD 2020 2019 Revenues 9600000 9580000 Earnings before interest and taxes 710000 685000 Interest expense 340000 340000 Taxes Total assets Shareholders' equity Point B 167000 155000 4580000 4480000 2280000 1980000 Calculate the book value per share, P/E, dividends per share, dividend payout, and plowback ratio based on the following financial information: Book value of equity Market value of equity Net income $100 million $500 million $30 million Dividends $12 million Number of shares 100 million Exercise