Return on Equity Assignment | Professional Writing

Derive the Return on Equity (ROE) for Company Q using the DuPont formula (tables provided below). Note: You must compute all 5 component ratios to get full credit: Income Statement Sales Cost of goods sold Depreciation Selling & administrative expenses EBIT Interest expense Taxable income Taxes Net Income 2018 $6,500,000 3,250,000 310,000 1,800,000 $1,140,000 165,000 $ 975,000 390,000 $ 585.000 Balance Sheet Assets Cash Accounts receivable Inventory Total current assets Fixed assets

How to Use QuickBooks

Don't use plagiarized sources. Get Your Custom Essay on
Return on Equity Assignment | Professional Writing
Just from $13/Page
Order Essay

Total assets 2018 Year End $ 75,000 875,000 550,000 $1,500,000 3,200,000 $4,700.000 Liabilities & Shareholders’ Equity Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities $ 380,000 520,000 $ 900,000 1.360.000 $2.260.000 Common stock Retained earnings Total shareholders’ equity Total liabilities & shareholder’s equity $ 945,000 1,495,000 $2.440,000 $4.700.000

Get Finance homework help today