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Pioneer Industries Gathered

Question 9

Multiple Choice

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Pioneer Industries gathered the following year-end data (in thousands) for 2010 and 2009:
 Curent Assets 201020092345$365 Long-Tenn Arsets 790720 Curtert Liabilities 280310 Long-Term Liabilities 410440 Owners’ Equity 445335 Net Sales 830790 Gross Margir 375355 Net Income 120105\begin{array} { l r r } \text { Curent Assets } & \frac { 2010 } { 2009 } & \frac { 2345 } { \$ 365 } \\\text { Long-Tenn Arsets } & 790 & 720 \\\text { Curtert Liabilities } & 280 & 310 \\\text { Long-Term Liabilities } & 410 & 440 \\\text { Owners' Equity } & 445 & 335 \\\text { Net Sales } & 830 & 790 \\\text { Gross Margir } & 375 & 355 \\\text { Net Income } & 120 & 105\end{array}
-The DuPont ROI for 2010 was:


A) 53.6 x 32.0% = 17.2%
B) 73.1 x 9.5% =6.9%
C) 74.8 x 14.5% = 10.8%
D) 84.3 x 10.8% = 9.1%

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