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Selected Balance Sheet and Income Statement Data Follow for E

Question 37

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Selected balance sheet and income statement data follow for E.I. DuPont de Nemours and Company (in millions). Use the data to calculate the following:
a. Return on equity (ROE)
b. Return on net operating assets (RNOA)
c. The company's nonoperating return
Selected balance sheet and income statement data follow for E.I. DuPont de Nemours and Company (in millions). Use the data to calculate the following: a. Return on equity (ROE) b. Return on net operating assets (RNOA) c. The company's nonoperating return

Correct Answer:

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a. ROE = Net income / Average shareholde...

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