1.Which of the following ratios is NOT part of the original DuPont system? A) Debt to total capital. B) Asset turnover. C) Equity multiplier. D) Net profit margin. 2. Ratio
| 2003 | 2004 | Net profit margin | 0.15 | 0.18 | Total asset turnover | 1.60 | 1.75 | Financial leverage multiplier | 1.00 | 1.50 |
The return on equity (ROE) for 2003 and 2004 respectively is: A) 8% and 24%. B) 24% and 47%. C) 24% and 8%. D) 47% and 24%.
3.If the company’s net profit margin declines to 0.10 in 2005, what total asset turnover would be needed in order to maintain the same ROE as in 2004, assuming there is no change in the financial leverage multiplier?
A) 2.50. B) 1.50. C) 3.15. D) 0.10.
4.When the return on equity equation (ROE) is decomposed using the original DuPont system, what three ratios comprise the components of ROE?
A) Gross profit margin, asset turnover, equity multiplier. B) Net profit margin, asset turnover, asset multiplier. C) Net profit margin, asset turnover, equity multiplier. D) Net profit margin, inventory turnover, equity multiplier.
5.If a company has a net profit margin of 15 percent, an asset turnover ratio of 4.5 and a ROE of 18 percent, what is the equity multiplier?
A) 0.523. B) 0.267. C) 2.667. D) 3.135. | 
发表于 2008-4-9 16:29
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