The following financial data relate to Ukulele Bottom Companys business in 2018.

The following financial data relate to Ukulele Bottom Company's business in 2018. Sales $ 1,000,000 Net Income $80,000 Total Assets $500,000 Debt to Total Assets Ratio 0.5 or 50% a. Construct and solve the Modified Du Pont equation for Ukulele Bottom. d. What would be the value of the ROE ratio if the debt to total asset ratio were 10 percent