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York Company included the following items in its financial statements for 2016, the current year (amounts in millions): Requirements: 1. Use DuPont Analysis to compute
York Company included the following items in its financial statements for 2016, the current year (amounts in millions): Requirements: 1. Use DuPont Analysis to compute York's return on assets and return on common equity during 2016 (the current year). York has no preferred stock outstanding. 2. Do the company's rates of return look strong or weak? Give your reason. 3. What additional information do you need to make the decision in requirement 2? Requirement 1. Use DuPont Analysis to York's return on assets and return on common equity during 2015 (the current year). York has no preferred stock outstanding. Start by calculating the rate o return on total assets (ROA). Select the DuPont model formula needed and then enter he amounts to calculate ROA for 2016. (Dividends paid are not preferred. Round percentages to one decimal place. XX% and other component ratios to three Calculate the rate of return on common equity (ROE). Select the formula needed and then enter the amounts to calculate ROE for 2016. (Dividends Requirement 2. Do the company's rates of return look strong or weak? Give your reason. The rates of return appear because Requirement 3. What additional information do you need to make the decision in (2)? (If a box is not used in the table, leave the box empty. do not
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