The following data apply to Jacobus and Associates (millions of dollars):

Cash$400

Fixed Income$4,300

Sales$14,600

Net Income$730

Quick Ratio2.0

Current Ratio3.0

DSO40 days

ROE12.5%

Jacobus has no preffered stock-only common equity, current liabilities, and long-term debt.

Substitute you calculated profit margin, total asset turnover, and equity multiplier into the DuPont equation and verify that resulting ROE is 12.5%

(4) total assets,

(5) ROA,

(6) common equity,