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Suppose that the Bethesda Mining Company had sales of $2,306,873 and net income of $94,381 for the year ending December 31, 2016. Calculate ROE using
Suppose that the Bethesda Mining Company had sales of $2,306,873 and net income of $94,381 for the year ending December 31, 2016. Calculate ROE using the DuPont identity. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and return on equity as a percent.)
Profit margin %
Total asset turnover times
Equity multiplier times
Return on equity %
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