Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which factors in the Annual Report of Abbott speaks to the ROE Encrease and to the ROE Increase of Bio-Rad DuPont ROE Calculations Abbott Bio-Rad
Which factors in the Annual Report of Abbott speaks to the ROE Encrease and to the ROE Increase of Bio-Rad
| DuPont ROE Calculations | ||||||||||
| Abbott | Bio-Rad | |||||||||
| 2019 | 2020 | 2019 | 2020 | |||||||
| 3-Step DuPont Approach | ||||||||||
| Net Profit Margin | 11.6% | 13.0% | 76.1% | 149.5% | ||||||
| Total Asset Turnover | 0.5 | 0.5 | 0.3 | 0.2 | ||||||
| Financial Leverage Ratio | 2.2 | 2.2 | 1.4 | 1.3 | ||||||
| Return on Equity (ROE) | 12% | 14% | 31% | 39% | ||||||
| 5-Step DuPont Approach | ||||||||||
| Tax Burden | 0.7 | 1.1 | 0.8 | -0.8 | ||||||
| Total Asset Turnover | 0.5 | 0.5 | 0.3 | 0.2 | ||||||
| Financial Leverage Ratio | 2.2 | 2.2 | 1.4 | 1.3 | ||||||
| Interest Burden | 1.1 | 0.8 | -9.8 | 11.9 | ||||||
| Operating Margin | 14.2% | 15.5% | -9.9% | -16.1% | ||||||
| Return on Equity (ROE) | 12% | 14% | 31% | 39% | ||||||
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
IFRS 3rd edition
1118978080, 978-1119153726, 1119153727, 978-1119153702, 978-1118978085
