CONNECT WITH LEARNSMART FOR BODIE: ESSE
CONNECT WITH LEARNSMART FOR BODIE: ESSE
11th Edition
ISBN: 2819440196246
Author: Bodie
Publisher: MCG
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Chapter 14, Problem 12PS

Use the DuPont system and the following data to find return on equity. LO 14 3

  • Leverage ratio  2 . 2
  • Total asset turnover  2 .0
  • Net profit margin  5 . 5 %
  • Dividend payout ratio   31 . 8 %

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