Question
Use the Du Pont system of financial analysis and the following information to find return on equity (ROE): Leverage Ratio (Asset/Equity): 2.2 Total Asset Turnover:
Use the Du Pont system of financial analysis and the following information to find return on equity (ROE):
Leverage Ratio (Asset/Equity): 2.2
Total Asset Turnover: 1.0
Net Profit Margin: 5.5%
Dividend Payout Ratio: 31.8%
| A. | 3.85% | |
| B. | 17.49% | |
| C. | 24.2% | |
| D. | 12.1% |
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Financial Reporting And Statement Analysis A Strategic Approach
Authors: Clyde P. Stickney, Paul Brown, James M. Wahlen
5th Edition
032418638X, 978-0324186383
