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What is the total asset turnover in this scenario? What is the return on equity? Bethesda Mining Company reports the following balance sheet information for

image text in transcribedWhat is the total asset turnover in this scenario? What is the return on equity?

Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. Suppose that the Bethesda Mining Company had sales of $2, 336, 873 and net income of $91, 381 for the year ending December 31, 2016. Calculate ROE using the DuPont identity. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and return on equity as a percent.) Profit margin 3.91 % Total asset turnover times Equity multiplier 2 09 times Return on equity %

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