Which one of the following statements is NOT correct?
A) The DuPont system is based on two equations that relate a company's ROA and ROE.
B) The DuPont system is a set of related ratios that links the balance sheet and the income statement.
C) Both management and shareholders can use this tool to understand the factors that drive a company's ROE.
D) All of the above are correct.
Correct Answer:
Verified
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