Question
using the information in the following balance sheet and income statement: a) What was the firm's profit margin in 2022? b) What was the total
using the information in the following balance sheet and income statement:
a) What was the firm's profit margin in 2022?
b) What was the total asset turnover in 2022? c) What was the firm's equity multiplier in 2022? d) Use the ratios you calculated in parts a-c to determine the Return on Equity by using the DuPont Identity (be sure to write the formula for the DuPont Identity, then use your answers from parts a-c to calculate).
e) Suppose the 2012 values for this company are as follows: Profit Margin = 0.17 (or 17%); Total Asset Turnover = 0.61; Equity Multiplier = 2.75. What was the Return on Equity (ROE) for 2012? What accounts for the change, and what concerns might you have as an investor?
pls show work
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