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Use the following DuPont formula table (ROE = PM x TATO x EM) for each year 2014, 2015, 2016 and the industry. (Use calculated ratio
Use the following DuPont formula table (ROE = PM x TATO x EM) for each year 2014, 2015, 2016 and the industry. (Use calculated ratio values, not formulas). Show your work.
| PM | TATO | EM | ROE |
2014 |
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2015 |
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|
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2016 |
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Industry |
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The images below provide the industry data and financial information, respectively.
2016 Current Ratio Inventory Turnover Days Sales Outstanding Fixed Asset Turnover Total Asset Turnover Debt Ratio Times Interest Earned Gross Profit Margin Net Profit Margin Return on Assets Return on Equity Equity Multiplier 1.9 6.1 30.0 3.2 2.0 28.6% 14.6 42.0% 6.7% 13.4% 19.2% 1.4Step by Step Solution
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