Answer Happy

Balance Sheet Data Income Statement Data Cash $1,200,000 Accounts payable $1,440,000 Sales $24,000,000 Accounts receivable 2,400,000 Accruals 480,000 Cost of goods sold 14,400,000 Inventory 3,600,000 Notes payable 1,920,000 Gross profit 9,600,000 Current assets 7,200,000 Current liabilities Operating expenses 6,000,000 3,840,000 5,520,000 Long-term debt EBIT 3,600,000 Total liabilities Interest expense 892,800 Common stock 2,707,200 Net fixed assets 7,200,000 Retained earnings 9,360,000 1,260,000 3,780,000 5,040,000 $14,400,000 EBT Taxes Net income 676,800 $2,030,400 Total equity Total assets $14,400,000 Total debt and equity the total asset f If I remember correctly, the DuPont equation breaks down our ROE into three component ratios: the turnover ratio, and the And, according to my understanding of the DuPont equation and its calculation of ROE, the three ratios provide insights into the company's ▼, effectiveness in using the company's assets, and
Ratios Value Ratios Value Correct/Incorrect Profitability ratios Asset management ratio Gross profit margin (%) 40.00 Total assets turnover 1.67 Operating profit margin (%) 11.28 Net profit margin (%) 14.10 Financial ratios Return on equity (%) 36.26 Equity multiplier 1.54 LANDON: OK, it looks like I've got a couple of incorrect values, so show me your calculations, and then we can talk strategies for improvement. YOU: I've just made rough calculations, so let me complete this table by inputting the components of each ratio and its value: Do not round intermediate calculations and round your final answers up to two decimals. Cepeus Manufacturing Inc. DuPont Analysis Ratios Calculation Value Profitability ratios Numerator Denominator Gross profit margin (%) Operating profit margin (%) Net profit margin (%) Return on equity (%) Asset management ratio Total assets turnover Financial ratios Equity multiplier Correct/Incorrect [[[[