In the DuPont formula, return on assets equals: Multiple Choice Profit margin on sales x Inventory turnover. Profit margin on sales x Asset turnover. Gross margin on sales x Asset turnover. Gross margin on sales x Inventory turnover.

In the DuPont formula, return on assets equals: Multiple Choice Profit margin on sales x Inventory turnover. Profit margin on sales x Asset turnover. Gross margin on sales x Asset turnover. Gross margin on sales x Inventory turnover.

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 28MCQ

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Question

In the DuPont formula, return on assets
equals:
Multiple Choice
Profit margin on sales x Inventory turnover.
Profit margin on sales x Asset turnover.
Gross margin on sales x Asset turnover.
Gross margin on sales x Inventory turnover.

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