Pharoah, Inc., has net income of $15,600,000 on net sales of $400,000,000.The company has total assets of $125,000,000 and stockholders' equity of $50,000,000. Use the extended DuPont identity to find the return on assets and return on equity for the firm. (Round answers to 2 decimal places, e.g. 12.25 or 12.25%.) Profit margin 58 Total assets turnover 20 times ROA 96 ROE 12.5

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
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Pharoah, Inc., has net income of $15,600,000 on net sales of $400,000,000.The company has total assets of $125,000,000 and stockholders' equity of $50,000,000.
Use the extended DuPont identity to find the return on assets and return on equity for the firm. (Round answers to 2 decimal places, e.g. 12.25 or 12.25%.)
Profit margin
58
Total assets turnover
20
times
ROA
96
ROE
12.5
Transcribed Image Text:Pharoah, Inc., has net income of $15,600,000 on net sales of $400,000,000.The company has total assets of $125,000,000 and stockholders' equity of $50,000,000. Use the extended DuPont identity to find the return on assets and return on equity for the firm. (Round answers to 2 decimal places, e.g. 12.25 or 12.25%.) Profit margin 58 Total assets turnover 20 times ROA 96 ROE 12.5
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