The DuPont equation relates a firm's net profit margin, total asset turnover ratio, and equity multiplier with its return on equity.

Name: The DuPont equation relates a firm's net profit margin, total asset turnover ratio, and equity multiplier with its return on equity.
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The DuPont equation states that return on equity (ROE) can be expressed as the product of net profit margin (NPM), total asset turnover ratio (TAT), and equity multiplier (EM). So, the statement given in the question is true.

The DuPont Equation Relates a Firm's Net Profit Margin, Total