You recently analyzed the GAAP financial statements of two competitors, Reilly Manufacturing and Roberti Industries,...
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Accounting
You recently analyzed the GAAP financial statements of two competitors, Reilly Manufacturing and Roberti Industries, and obtained the following results: Reilly Manufacturing Roberti Industries Gross Margin Operating Margin Net Margin Current Ratio Days in Accounts Receivable Inventory Turnover Cash Conversion Cycle Total Asset Turnover Debt-to-Total Assets Equity-Leverage Multiplier 2016 45.4% 22.1% 10.6% 1.89x 54.7 days 5.75x 78.2 days 1.02x 76.1% 4.19x 2016 41.3% 18.9% 9.5% 2.02x 51.1 days 6.83x 61.1 days 0.833x 62.2% 2.64x Required: 1. Use DuPont Analysis to compute the following ratios for Reilly Manufacturing and Roberti Industries: Reilly Manufacturing 2016 Roberti Industries 2016 Return on Assets (4 points) Supporting Calculations Required
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