In the DuPont system of analysis, the return on equity is equal to ________
A) (net profit margin) × (total asset turnover)
B) (stockholders' equity) × (financial leverage multiplier)
C) (return on total assets) × (financial leverage multiplier)
D) (return on total assets) × (total asset turnover)
C
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On October 1, 2018, Northern Company purchased a patent for $211,000 cash. Although the patent gives legal protection for 20 years, the patent is expected to be used for only 10 years. The patent has no residual value. What will be the balance in the patent account on September 30, 2019?
A) $189,900 B) $211,000 C) $200,450 D) $105,500
Describe an equality matching relationship.
What will be an ideal response?
A wash sale:
A. comes under the liability provisions of the 1934 Act. B. occurs each time new securities are issued. C. refers to a legal activity that manipulates the price of a security. D. is a violation under Section 10(b) of the 1934 Act.
Just-in-time delivery reliably helps to get products and store them long before the customer needs them.
Answer the following statement true (T) or false (F)