DuPont Equation: Saunders, Inc

question 33

Multiple Choice

DuPont equation: Saunders, Inc., has a ROE of 18.7 percent, an equity multiplier of 2.53, sales of $2.75 million, and a total assets turnover of 2.7 times. What is the firm's net income?

• A) $75,281.80
• B) $514,250.00
• C) $51,425.00
• D) $7,528.10

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Definitions:

Parallel Structure

Parallel structure is a grammatical technique where components in a sentence are presented with the same pattern of words to show that they are of equal importance, improving clarity and readability.

Paralegal

A person trained in legal matters who works under the supervision of a lawyer, performing tasks such as researching laws, drafting documents, and assisting with case preparation.

Financial Planner

A professional who helps individuals manage their finances through planning, advice on investments, insurance, taxes, and retirement.

Misplaced Modifier

A grammatical error where a modifier (word, phrase, or clause) is incorrectly separated from the word or words it modifies, leading to confusion or misinterpretation.