Quiz Ch 28 – T/F Formula for ROE in the DuPont System
Principles of Corporate Finance
Brealey, Myers, and Allen
13th Edition
True or false: The DuPont system expresses ROE as the product of various factors: (assets/equity) × (sales/assets) × [(after-tax interest + net income)/sales] × [(net income)/(after-tax interest + net income)].