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table [ [ , , , TestCo,,,,, ] , [ , , , Balance Sheets,,,, ] , [ 1 5 ] , [ ,
tableTestCo,,,,,Balance Sheets,,,,Last Year,This Year,,,Last Year,This YearAssetsLiabilities and Owner's Equity,Current Assets,,,Current Liabilities,,CashAccounts Payable,AcctRecNotes Payable,InvenTotal,,TotalLong Term Debt,Fixed AssetsNet Plant,Owner's Equity,,,and equipment,Common Stock and,paid in surplus,,,Retained Earnings,Equity,Total Assets,Total bTestCo,,,,,Income Statement,,,,,This Year,,,,,tableSalesCoststable
tableTestCoIncome Statement,This YearSalesCostsDepreciationEBITInterest Paid,Taxable Income,TaxesNet Income,DividendsAddition toRetained Earn.,
a What was the firm's profit margin this year?
b What was the total asset turnover this year?
c What was the firm's equity multiplier this year?
d Use the ratios you calculated in parts ac to determine the Return on Equity by usin DuPont Identity be sure to write the formula for the DuPont Identity, then use your answers from parts ac to calculate
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