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Target Co. has sales of $93,561 million, net income of $4,368 million, a total asset turnover of 1.8 and an equity multiplier of 3.55. Based
Target Co. has sales of $93,561 million, net income of $4,368 million, a total asset turnover of 1.8 and an equity multiplier of 3.55. Based on the given information, what is its return on equity?
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To calculate the return on equity ROE for Target Co we can use the DuPont analysis formula The DuPon...
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
