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Sidebar Corp Balance Sheet as at 30th June 2013 $m Sidebar Corp Income Statement for year ending 30th June 2013 $m Sales 405 COGS 100
Sidebar Corp Balance Sheet as at 30th June 2013 $m Sidebar Corp Income Statement for year ending 30th June 2013 $m Sales 405 COGS 100 Depreciation 34 Rent expense 22 Interest expense 39 Taxes at 30% 63 Net income 147 50 16 Inventory Trade debtors Rent paid in advance PPE Total assets 3 680 749 Trade creditors Bond liabilities Contributed equity Retained profits Total L and OE 19 390 220 120 749 Note: All figures are given in millions of dollars ($m). Which of the below statements is NOT correct? Select one: O a. Net profit margin was 36.2963%. o b. Asset turnover was 54.0721%. o c. ROE was 66.8182% pa. o d. ROA was 19.6262% pa. e. Equity multiplier (or DuPont financial leverage) was 220.2941%
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