Table 4.1
Bacon Signs
2013 Income Statement (000's)
Bacon Signs
2012 and 2013 Balance Sheets (000's)
-Use the DuPont method to calculate the 2013 ROE for Bacon Signs.
A) 0.0961 * 0.46 * 4.30 = 0.1698 = 16.98%
B) 0.0961 * 0.46 * 1.81 = .0796 = 7.96%
C) 0.0961 * 0.41 * 1.88 = .0741 = 7.41%
D) 0.0961 * 0.41 * 1.00 = 0.0395 = 3.95%
Correct Answer:
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