In 2022, Fusion Wave Technologies had: • • • • = Sales $72 billion Net Income = $18 billion Year-end Total Assets = $160 billion The company's Total Debt-to-Total Assets Ratio = 45% Based on the DuPont Equation, what was Fusion Wave Technologies' ROE in 2022?

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter11: Investment Planning
Section: Chapter Questions
Problem 7FPE: Using the Value Line Investment Survey report in Exhibit 11.5, find the following information for...
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In 2022, Fusion Wave Technologies had:
•
•
•
•
=
Sales $72 billion
Net Income = $18 billion
Year-end Total Assets = $160 billion
The company's Total Debt-to-Total Assets Ratio = 45%
Based on the DuPont Equation, what was Fusion Wave
Technologies' ROE in 2022?
Transcribed Image Text:In 2022, Fusion Wave Technologies had: • • • • = Sales $72 billion Net Income = $18 billion Year-end Total Assets = $160 billion The company's Total Debt-to-Total Assets Ratio = 45% Based on the DuPont Equation, what was Fusion Wave Technologies' ROE in 2022?
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