A company has return on assets of 8%.Return on sales are 4%.The leverage ratio is 3.0.Following DuPont analysis,what is return on equity?
A) 4%
B) 8%
C) 24%
D) 12%
Correct Answer:
Verified
Q92: How is the leverage ratio calculated?
A)total debt
Q93: What is accounts payable turnover?
A)A ratio calculated
Q94: The amount of a company's net income
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Q96: What do the price-earnings ratio and dividend
Q98: How is the cash conversion cycle computed?
A)days'
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