sales = $10,200 net income $1000 total assets 12,000 ROE 10% Gross Margin 20% the firm would like to improve it's ROE to 15% A. what specific actions might they take to achieve? B use the dupont formula to show how they can achieve target ROE of 15%

sales = $10,200 net income $1000 total assets 12,000 ROE 10% Gross Margin 20% the firm would like to improve it's ROE to 15% A. what specific actions might they take to achieve? B use the dupont formula to show how they can achieve target ROE of 15%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

sales = $10,200

net income $1000

total assets 12,000

ROE 10%

Gross Margin 20%

the firm would like to improve it's ROE to 15%

A. what specific actions might they take to achieve?

B use the dupont formula to show how they can achieve target ROE of 15%

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