Under the Du Pont Framework of Analysis, Which of the Following

Multiple Choice

Under the Du Pont framework of analysis, which of the following relationships is true?

A) Return on assets = return on common equity + capital structure leverage
B) Return on common equity = asset turnover ÷ capital structure leverage
C) Return on common equity = asset turnover × profit margin × capital structure leverage
D) Return on assets = asset turnover + return on equity