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Sheridan Sports Innovations has disclosed the following information: EBIT = $24,309,000 Net income = $13,797,000 Net sales = $90,000,000 Total debt = $21,900,000 Total assets
Sheridan Sports Innovations has disclosed the following information:
EBIT | = | $24,309,000 | |
Net income | = | $13,797,000 | |
Net sales | = | $90,000,000 | |
Total debt | = | $21,900,000 | |
Total assets | = | $65,700,000 |
Compute the following ratios for this firm using the DuPont identity: debt-to-equity ratio, EROA, ROA, and ROE. (Round answers to 2 decimal places, e.g.12.55 or 12.55%.)
Debt-to-equity ratio
EROA(%)
ROA(%)
ROE(%)
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