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Using the DuPont method, evaluate the effects of the following relationships for the Butters Corporation. a . Butters Corporation has a profit margin of 5

Using the DuPont method, evaluate the effects of the following relationships for the Butters Corporation.
a. Butters Corporation has a profit margin of 5.5 percent and its return on assets (investment) is 15.5 percent. What is its assets
turnover?
Note: Round your answer to 2 decimal places.
Assets turnover ratio
times
b. If the Butters Corporation has a debt-to-total-assets ratio of 25.00 percent, what would the firm's return on equity be?
Note: Input your answer as a percent rounded to 2 decimal places.
Return on equity
c. What would happen to return on equity if the debt-to-total-assets ratio decreased to 20.00 percent?
Note: Input your answer as a percent rounded to 2 decimal places.
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