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Use the DuPont system and the following data to find return on equity. Leverage ratio (assets/equity)1.6 Total asset turnover2.0 Net profit margin4.0%Dividend payout ratio
Use the DuPont system and the following data to find return on equity.
Leverage ratio (assets/equity)1.6 Total asset turnover2.0 Net profit margin4.0%Dividend payout ratioStep by Step Solution
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