Mathematics · Financial Ratio Analysis
For a company, total assets turnover is 2, net profit margin is 6%, equity multiplier (Assets to Equity ratio) is 1.5, and dividend payout ratio is 35%. Using DuPont Analysis, what is the Return on Equity (ROE) for the company?
- 112%
- 29%
- 36.72%
- 418%✓
Correct answer
18%
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