1. Why is the Dupont Model a better way to look at return on equity than just dividing net income by equity?
2. Why can a common size income statement, in certain circumstances, reveal more about a company's profitability than just looking at the dollar amounts of each item?
3. Since a cash flow statement measures the difference between cash from one period to the next, and we can see that without preparing a cash flow statement by looking at the balance sheets for the two periods, what is the usefulness is a cash flow statement to a manager?