Question 4 Calculate the DuPont Return on Assets O .027 x 1.82 = 4.91% .027 x 4.63 x 1.82 = 22.8% 0.52 x 13.4 = 6.97% O 0.27 x 4.63 = 12.5% Balance Sheet as of 12/31/2019 Assets Current Assets Cash Accounts Receivable Inventory Total current Assets NET Fixed Assets Other Assets Total Assets $ 10,000 40,000 75.000 $125,000 152,000 4.000 $ 281,000 Liabilities and Stockholders Equity Current Liabilities: Accounts Payable $ 69,000 Notes Payable 24,000 Accrued Expenses 4.000 Total Current Liabilities $ 97,000 Long Term Debt 30.000 Total Debt $ 127,000 Owners Equity Common Stock( 25,000 shares outstanding @$1 par) 25,000 Retained Earnings 129.000 Total Equity $ 154,000 Total Liabilities and Stockholders Equity $ 281,000 The Cwazy Wabbitt Company Income Statement for the year 1/1/2019 - 12/31/2019 Sales ( 50,000 units @ $26.00 price) $1,300,000 Cost of Goods Sold ( 50,000 units @ $20.10 variable cost per unit) $1,005,000 Fixed Costs 177 500 Operating Profit (EBIT) 117,500 Interest Expense 63.240 Earnings Before Tax 54,260 Taxes (15%) 18.991 Earnings After Tax (Net Income) $ 35.269 Dividends declared and paid S 14,108 Current Stock Price as 7/21/2015: $45.00