The Rose Company has net income of $153,210. There are currently 28.32 days' sales in receivables. Total
Question:
The Rose Company has net income of $153,210. There are currently 28.32 days' sales in receivables. Total assets are $863,000, total receivables are $157,310, and the debt-equity ratio is .35. What is the company's profit margin? Its total asset turnover? Its ROE?
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Input area Net income 153210 Days sales in recei...View the full answer
Essentials of Corporate Finance
ISBN: 978-0078034756
8th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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The Dupont analysis is an expanded return on equity formula, calculated by multiplying the net profit margin by the asset turnover by the equity multiplier. The DuPont analysis is also known as the DuPont identity or DuPont model.This Video will guide on how to calculate return on Equity and estimate profitability of shareholders using DuPont Analysis.
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