Question
Using DuPont find the ROE of a company with the following financial information: (calculate in Excel so rounding is accurate) Net Income = $83,000 Sales
Using DuPont find the ROE of a company with the following financial information: (calculate in Excel so rounding is accurate)
Net Income = $83,000
Sales = $987,000
Debt/Equity Ratio = .76
Value of Debt = $435,000
14.10%
14.50%
13.46%
12.16%
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