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Question 5 . Dupont Analysis and Cash Conversion Cycle for competing firmsCostco and Walmart are both retail giants. You can find their financial statements in

Question 5. Dupont Analysis and Cash Conversion Cycle for competing firmsCostco and Walmart are both retail giants. You can find their financial statements in the excel spreadsheet. Finish the following requirements:Calculate the Return on Equity (ROE) for both companies for the fiscal year ending in 2023.Perform a DuPont analysis by breaking down the Return on Equity (ROE) into Return on Assets (ROA) and Financial Leverage (FL).C. Determine the components of Return on Assets (ROA), specifically profitability and productivity.Complete the DuPont analysis by verifying the formula: ROE = Profit Margin (PM) xAsset Turnover (AT) x Financial Leverage (FL). Utilizing the results, evaluate the two companies in terms of profitability, productivity, and financial leverage.Compute the following measures for both companies: Days sales outstanding (DSO),Days inventory outstanding (DIO), Days payable outstanding (DPO), and Cash conversion cycle (CCC).Utilizing the results in e, evaluate the two companies in terms of their operating efficiency.

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