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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. 

Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Assets Current assets Cash Account


Suppose that the company had sales of $2,751,332 and net income of $86,432 for the year ending December 31, 2019. Calculate the DuPont Identity.

Suppose that the company had sales of $2,751,332 and net income of $86,432 for the year ending December 31, 2019. Calculate t


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Answer #1

Total asset turnover = sales/Total assets = 2.52 2751332/1090520 Equity multiplier = Total assets/equity = 2.36 1090520/46157

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