Use the DuPont method to calculate the 2013 ROE for Bacon Signs
A) 0.0961 * 0.46 * 4.30 = 0.1698 = 16.98%
B) 0.0961 * 0.46 * 1.81 = .0796 = 7.96%
C) 0.0961 * 0.41 * 1.88 = .0741 = 7.41%
D) 0.0961 * 0.41 * 1.00 = 0.0395 = 3.95%
C
Explanation: C) NI/Sales * Sales TA * TA/Equity = $713/$7,418 * $7,418/$18,063 * $18,063/$9,620 = 7.41%
You might also like to view...
It may be that leaders that over-stress profits ______.
a. have the most profitable companies b. are the least autocratic c. are actually the ones who are less likely to consistently achieve those profits d. are least liked by their followers
Larry wanted to buy a 1957 Cadillac once owned by Reggie Jackson. Larry entered into a contract with the owner agreeing to pay $102,000 . The owner subsequently changed his mind. If Larry sues, what remedies are potentially available?
Montegut Manufacturing produces a product for which the annual demand is 10,000 units. Production averages 100 units per day, while demand is 40 units per day. Holding costs are $2.00 per unit per year, and setup cost is $200.00
(a) If the firm wishes to produce this product in economic batches, what size batch should be used? (b) What is the maximum inventory level? (c) How many order cycles are there per year? (d) What are the total annual holding and setup costs?
In most firms, the group that addresses the cost and performance information companies need to make good business decisions is:
A) scientists and engineers. B) marketing. C) consumers. D) accounting