The Net Income Is $100, Sales Are $200, Total Assets

question 26

True/False

The net income is $100, sales are $200, total assets are $500, and total equity is $300. According to the DuPont system of financial ratio analysis, ROE is about 33.33%.

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Definitions:

Recording Information

The act or process of documenting or capturing data, observations, or events for future reference or analysis.

Efficiently

Achieving maximum productivity with minimal wasted effort or expense.

Effectively

In a manner that produces the intended result or a successful outcome, often implying efficiency and competence.

True Random Samples

Sampling methods that ensure every member of a population has an equal chance of being selected.