Multiple Choice
In the DuPont system, the return on total assets (asset) is equal to
A) (net profit margin) × (fixed asset turnover) .
B) (return on equity) × (financial leverage multiplier) .
C) (return on equity) × (total asset turnover) .
D) (net profit margin) × (total asset turnover) .
Correct Answer:
Verified
Correct Answer:
Verified
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