Dover Industries, Inc., is a major supplier of components to Ford Motor Company. In a recently completed year, Dover Industries, Inc., reported the following (all amounts are in millions):
Required:
a. Compute Dover Industries' profit margin, asset intensity, and leverage.
b. Use the results from part (a) to compute the company's return on equity.
Correct Answer:
Verified
a)
Profit margin = 508 / 6,...
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