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Henderson's Hardware has an ROA of 12%, a 8% profit margin, and an ROE of 17%. a.)...

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Question

Finance

Henderson's Hardware has an ROA of 12%, a 8% profit margin, andan ROE of 17%.

a.) What is its total assets turnover? Round your answer to twodecimal places.

b.) What is its equity multiplier? Round your answer to twodecimal places.

**** PLEASE. LABEL BOTH ANSWERSCLEARLY*****

Answer & Explanation Solved by verified expert
4.3 Ratings (793 Votes)
a We need to use DuPont analysis to get total assets turnover and equity multiplier basic DuPont model is as below ROE Net profit margintotal assets turnoverequity multiplier or ROE    See Answer
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Transcribed Image Text

Henderson's Hardware has an ROA of 12%, a 8% profit margin, andan ROE of 17%.a.) What is its total assets turnover? Round your answer to twodecimal places.b.) What is its equity multiplier? Round your answer to twodecimal places.**** PLEASE. LABEL BOTH ANSWERSCLEARLY*****

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