# hOW DO i SOLVE THIS ACCOUNTING PROBLEM

Oct 3rd, 2015
HelloWorld
Category:
Accounting
Price: \$10 USD

Question description

Calculate the DuPont Model, given the following information: cash=\$16,080; accounts receivable= \$9,500; prepaid = \$3,150; supplies =\$675; equipment =\$25,200; accumulated depreciation - equipment = \$8,150 for year one. Cash = \$20,000; accounts receivable = \$15,000; prepaid = \$1,175; supplies = \$2,675; equipment = \$89,057; accumulated depreciation - equipment =\$36,800 for year 2. Additional year 2 data is as follows: equity equals \$82,600; net sales = \$325,000; net income of \$56,824. Assume sales revenue and net sales are the same, leave as a decimal to two places.

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(Top Tutor) Daniel C.
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Oct 3rd, 2015
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