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The following are the financial statements for Ivanhoe Consumer Products Company for the fiscal year ended September 30, 2017. Ivanhoe Consumer Products Company Income Statement

The following are the financial statements for Ivanhoe Consumer Products Company for the fiscal year ended September 30, 2017.

Ivanhoe Consumer Products Company Income Statement for the Fiscal Year Ended September 30, 2017
Net sales $57,640
Cost of products sold 24,507
Gross profit $33,133
Marketing, research, administrative expense 12,100
Depreciation 780
Operating income (loss) $20,253
Interest expense 487
Earnings (loss) before income taxes $19,766
Income taxes 6,076
Net earnings (loss) $13,690

Ivanhoe Consumer Products Company Balance Sheet as of September 30, 2017
Assets: Liabilities and Equity:
Cash and marketable securities $6,200 Accounts payable $3,710
Investment securities 427 Accrued and other liabilities 7,760
Accounts receivable 4,746 Taxes payable 2,410
Inventory 4,100 Debt due within one year 7,210
Deferred income taxes 978
Prepaid expenses and other receivables 2,252
Total current assets $18,703 Total current liabilities $21,090
Property, plant, and equipment, at cost 31,304 Long-term debt 12,410
Less: Accumulated depreciation 10,897 Deferred income taxes 1,690
Net property, plant, and equipment $20,407 Other noncurrent liabilities 2,100
Net goodwill and other intangible assets 27,900 Total liabilities $37,290
Other noncurrent assets 1,940 Convertible Class A preferred stock 1,140
Common stock 2,100
Retained earnings 28,420
Total stockholders equity $31,660
Total assets $68,950 Total liabilities and equity $68,950

Using the DuPont identity, calculate the return on equity for Ivanhoe, after calculating the ratios that make up the DuPont identity. (Round ROA and ROE to one decimal place, e.g 12.5 or 12.5% and all other answers to 2 decimal places, e.g. 12.55 or 12.55%.)

Using the DuPont identity, calculate the return on equity for Ivanhoe, after calculating the ratios that make up the DuPont identity. (Round ROA and ROE to one decimal place, e.g 12.5 or 12.5% and all other answers to 2 decimal places, e.g. 12.55 or 12.55%.)

Net Profit margin %
Total assets turnover ratio times
Equity multiplier
Return on assets %
Return on equity %

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