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Unformatted text preview: = $68,893,000 /$115,101,000=0.60=60%. DuPont ratio = profit margin x asset turnover x equity multiplier = (net income/sales) x (sales/assets) x (assets/equity) = (net income/equity) = 128.5% Profit margin = net income/sales = 7.8% Asset utilization = total operating income/total assets = 12.85% Financial leverage = total debt/equity = 33%...
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This note was uploaded on 06/25/2011 for the course ACCT 561 taught by Professor Jones during the Spring '10 term at University of Phoenix.
- Spring '10