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Which of the following components of the DuPont system for Blossom Inc. is correct if sales are $5730; earnings before tax (EBT) are $2325; the
Which of the following components of the DuPont system for Blossom Inc. is correct if sales are $5730; earnings before tax (EBT) are $2325; the tax rate is 40 percent; total liabilities are $31835; and equity is $19040?
A. Leverage = 2.67
B. Net profit margin = 40.58 percent
C. Leverage = 0.63
D. Asset turnover = 9.59 percent
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