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QUESTION 15 The 20x9 balance sheet of E.I. du Pont de Nemours and Company shows average DuPont shareholders' equity attributable to controlling interest of $9,996

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QUESTION 15 The 20x9 balance sheet of E.I. du Pont de Nemours and Company shows average DuPont shareholders' equity attributable to controlling interest of $9,996 million, net operating profit after tax of $2,308 million, net income attributable to DuPont of $2,513 million, and common shares issued of 950.044 million. Assume the company has no preferred shares issued. DuPont's return on equity (ROE) for the year is: A 30.7% B. 37.6% C.25.1% D.36.4% E. There is not enough information to calculate the ratio QUESTION 16 The 20x9 balance sheet of Staples, Inc. shows total assets of $8,271 million, operating assets of S6,566 million, operating liabilities of $3,527 million, and shareholders' equity of $3,688 million. Staples' 20X9 net operating assets are: O A $11,798 million OB.$ 6,566 million C.$ 4,744 million D.$ 3,039 million E. None of the above QUESTION 17 Mattel Inc.'s 20X9 financial statements show operating profit before interest and tax of $519,233 thousand, net income of $318,022 thousand, provision for income taxes of $91,720 thousand and net nonoperating expense before tax of $109,491 thousand. Assume Mattel's statutory tax rate for 20X9 is 37%. Mattel's 20X9 effective tax rate is: A 22.4% B. 37.0% C-19.4% D. 17.7% None of the above

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