1. Sandhill, Inc., has net income of $14,964,000 on net sales of $348,000,000.The company has total...
1. Sandhill, Inc., has net income of $14,964,000 on net sales of $348,000,000.The company has total assets of $116,000,000 and stockholders’ equity of $40,000,000. Use the extended DuPont identity to find the return on assets and return on equity for the firm.
Profit margin:
Total assets turnover:
ROA:
ROE:
2.Crane Sports Innovations has disclosed the following
information:
| EBIT | = | $22,680,000 | |
| Net income | = | $12,600,000 | |
| Net sales | = | $81,000,000 | |
| Total debt | = | $34,000,000 | |
| Total assets | = | $84,000,000 |
Compute the following ratios for this firm using the DuPont
identity: debt-to-equity ratio, EROA, ROA, and ROE
Homework Answers
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1. Sandhill, Inc., has net income of $14,964,000 on net sales of
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1. Calculate the net income DuPont Analysis - Excel HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri Paste A Alignment Number Conditional Format as Cell ormatting Table Styles- Clipboard Font Styles Last year, Stumble-on-Inn, Inc., reported an ROE of 19 percent. The firm's debt ratio was 60 percent, sales were $34 million, and the capital intensity was 1.30 times. 4 Calculate the net income for Stumble- on-Inn last year. (Do not round intermediate calculations. Enter your answer...
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