sda Mining Company has $445,900.50 worth of Total assets and $202,860 worth of Total Equity. Suppose that they had sales of $2,945,376 and net income of 06.85 for the year ending December 31, 2016. Calculate the DuPont identity. ne: 5% 9.82% 1.12%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 19P
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Bethesda Mining Company has $445,900.50 worth of Total assets and $202,860 worth of Total Equity. Suppose that they had sales of $2,945,376 and net income of
$40,206.85 for the year ending December 31, 2016. Calculate the DuPont identity.
Select one:
a.15%
b.19.82%
c.21.12%
d.8.919%
Transcribed Image Text:Bethesda Mining Company has $445,900.50 worth of Total assets and $202,860 worth of Total Equity. Suppose that they had sales of $2,945,376 and net income of $40,206.85 for the year ending December 31, 2016. Calculate the DuPont identity. Select one: a.15% b.19.82% c.21.12% d.8.919%
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