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Input area:
Sales $ 2,945,376
Net income $ 89,351
Year 1 Year 2
Assets Liabilities
Current assets Current liabilities
Cash $ 21,396 $ 24,385 Accounts p
Accounts receivable 51,552 58,318 Notes paya
Inventory 121,807 143,615 Total
Total $ 194,755 $ 226,318 Long-term deb
Owners' equity
Common st
Fixed assets Accumulat
Net plant and equipment $ 722,862 $ 757,328 Total
Total assets $ 917,617 $ 983,646 Total liabiliti
Output area:
PM 3.03%
TAT 299.43%
EM 264.88%
Year 1 Year 2
Liabilities and owners' equity
Current liabilities
Accounts p $ 214,414 $ 192,480
Notes paya 99,022 134,508
Total $ 313,436 $ 326,988
Long-term deb$ 271,700 285,300
Owners' equity
Common st $ 200,000 $ 200,000
Accumulat 132,481 171,358
Total $ 332,481 $ 371,358
Total liabiliti $ 917,617 $ 983,646
DuPont Identity. The Cavo Company has an ROA of 9 percent, a profit
margin of 6 percent, and an ROE of 17 percent. What is the company's
total asset turnover? What is the equity multiplier?
Input area:
Return on assets 9%
Profit margin 6% ROE=
Return on equity 17% TAT=
EM=
Output area:
Input area:
Output area: