According to the DuPont System: ROE = (Assets/equity)× (Sales/assets)× [(After-Tax

question 47

True/False

According to the DuPont system: ROE = (assets/equity)× (sales/assets)× [(after-tax interest + net income)/sales] × [(net income)/( after-tax interest + net income)].

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Definitions:

Cell Style

A pre-defined set of formatting options that can be applied to cells within spreadsheet software to ensure consistency.

Theme Colors

A predefined set of colors that are used to maintain a consistent look and feel across a digital document or presentation.

DSUM Function

A database function in Excel that calculates the sum of a column in a list or database that matches specified conditions.

Expenses Column

A designated column in spreadsheets or financial documents used to record and calculate costs incurred.