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Global Corporation TABLE 2.1 Balance Sheet for 2016 and 2015 (\$ millions) Global Corporation's Income...

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Accounting

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Global Corporation TABLE 2.1 Balance Sheet for 2016 and 2015 (\$ millions) Global Corporation's Income Statement Sheet for 2016 and 2015 (1 of 2) Table 2.2 Global Corporation's Income Statement Sheet for 2016 and 2015 Global Corporation Income Statement Year ended December 31 (in \$ millions) Table 2.2 [Continued] 18. Calculate return on assets for Global Corporation for 2016. 19. Calculate return on equity (Use table 2.1 for ROE computation) DUPONT IDENTITY ROE=(SalesNetIncome)(TotalEquitySales)(TotalAssetsTotalAssets)={SalesNetIncome)(TotalAssetsSales)(TotalEquityTotalAssets) ROE= Profit Margin * Asset Turnover * Equity Multiplier

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