ACCT1021 Final: Chapter Five Thorough Review
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7 Dec 2016
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Using the info below on the DuPont System. Comment on each yearand what's significant about it.
The DuPont System | ||||||||||
Operating | Asset | Financial | ||||||||
Efficiency | Utilization | Leverage | ||||||||
Profit margin | X | Total asset turnover | = | Return on investment | X | Financial leverage | = | Return on equity | ||
Net income | X | Net sales | = | Net Income | X | Total assets | = | Net income | ||
Net sales | Total assets | Total assets | Stockholders' equity | Stockholders' equity | ||||||
Comments | ||||||||||
2015 | 0.02091 | 3.39910 | 0.07108 | 3.14967 | 0.22389 | |||||
2014 | 0.01867 | 3.33733 | 0.06232 | 2.68422 | 0.16728 | |||||
2013 | 0.01982 | 3.39696 | 0.06733 | 2.79544 | 0.18822 |