DuPont Ratio General Mills Kelloggs Return on shareholders' equity (ROE) 0.402 0.247 Return on assets (ROA) 0.070 0.073 Leverage 5.783 3.362 Return on sales (ROS) (aka Profit Margin 0.091 0.129 Asset turnover 0.765 0.569 Based on the ratio analysis, which statements are true?  Indicate ALL the answers that are correct. Group of answer choices Kelloggs use their assets more effectively to generate sales. Kelloggs has better overall performance. General Mills uses more liability financing relative to equity financing. General Mills does a better job controlling their expenses relative to sales. Kelloggs uses their assets more effectively to generate net income.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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DuPont Ratio General Mills Kelloggs
Return on shareholders' equity (ROE) 0.402 0.247
Return on assets (ROA) 0.070 0.073
Leverage 5.783 3.362
Return on sales (ROS) (aka Profit Margin 0.091 0.129
Asset turnover 0.765 0.569

Based on the ratio analysis, which statements are true?  Indicate ALL the answers that are correct.

Group of answer choices
Kelloggs use their assets more effectively to generate sales.
Kelloggs has better overall performance.
General Mills uses more liability financing relative to equity financing.
General Mills does a better job controlling their expenses relative to sales.
Kelloggs uses their assets more effectively to generate net income.
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