c. Using DuPont framework, compute Bersatu Berhad’s returns on equity for 2020 and 2021? Show all formulas and calculations.d. Is there any significant change in the returns on equity over the two years? What conclusion can you arrive with regards to thefactors influencing the returns on equity Bersatu BerhadBalance SheetsDecember 31, 2021 and 2020(RM000)20212020AssetsCurrent Assets:Cash11,00013,000Accounts eceivable (net)93,00078,000InventoryPrepaid expensesTotal current assets102,00091,0005,0004,000211,000186,000Property, plant and equipmentLand and buildingMachinery and equipmentTotal property, plant and equipmentLess: Accumulated depreciationNet property, plant and equipmentOther assetsTotal assetsLiabilities and stockholders' equityCurrent liabilities:Accounts payableNotes payablesDividend payableIncome taxes payableTotal current assetsLong-term debtTotal liabilitiesStockholders' equity:Common stock (RM1.00 par)Paid-in capital in excess ofRfetianed earningsTotal shareholders' equityTotal liabilities and stockholders' equity61,00059,000172,000156,000233,000215,000113,000102,000120,000113,0009,0008,000340,000307,00055,00023,00066,0002,0003,00071,0005,00083,00042,00075,000146,000125,00010,00010,000par16,00016,000168,000159,000194,000340,000185,000310,000 Bersatu BerhadIncome Statementsfor the Year Ended December 31, 2021 and 2020(RM000)20212020Net salesCost of goods soldGross marginExpensesSelling and administrative expenses582,000467,000115,000645,000545,000100,00064,00058,000Interest expense6,0005,000Total expensesIncome before taxesIncome tax (40%) (rounded to next highest)Net income70,00063,00052,00021,00031,00030,00012,00018,000

Dupont analysis uses breakdown of ROE under net profit margin, asset turnover and financial…

c. Using DuPont framework, compute Bersatu Berhad’s returns on equity for 2020 and 2021? Show all formulas and calculations. d. Is there any significant change in the returns on equity over the two years? What conclusion can you arrive with regards to thefactors influencing the returns on equity

c. Using DuPont framework, compute Bersatu Berhad’s returns on equity for 2020 and 2021? Show all formulas and calculations. d. Is there any significant change in the returns on equity over the two years? What conclusion can you arrive with regards to thefactors influencing the returns on equity

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter12: Intangibles

Section: Chapter Questions

Problem 10MC

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