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Return on Investment, Financial Leverage, and DuPont Analysis The following tables provide information from the recent annual reports of HD Rinker, AG. Balance sheets
Return on Investment, Financial Leverage, and DuPont Analysis The following tables provide information from the recent annual reports of HD Rinker, AG. Balance sheets 2016 2015 2014 2013 7,410 7,753 8,475 8,274 Total assets Total liabilities 6,621 Total shareholders' equity 789 Income statements 52 weeks ended Sales revenue Earnings before interest and taxes Interest expense Earnings before income taxes Income tax expense Net earnings 5,625 5,640 5,748 2,128 2,835 2,526 2016 2015 2014 11,563 10,812 9,831 1,596 1,582 1,010 261 223 252 1,335 1,359 758 392 461 217 943 898 541 a. Calculate HD Rinker's return on equity (ROE) for fiscal years 2016, 2015, and 2014. Round answers to one decimal place (i.e., 0.2568 = 25.7%). Do not round until your final answer. 2016 2015 2014 0% 0% 0% b. Calculate HD Rinker's return on assets (ROA) and return on financial leverage (ROFL) for each year. Assume a statutory tax rate of 35%. Round answers to one decimal place (i.e., 0.2568 = 25.7%). Do not round until your final answer.
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