In the DuPont system, the return on total assets (asset) is equal to
A. (return on equity) (financial leverage multiplier).
B. (return on equity) (total asset turnover).
C. (net profit margin) (fixed asset turnover).
D. (net profit margin) (total asset turnover).
Answer:D
In the DuPont system, the return on total assets (asset) is equal to
A. (return on equity) (financial leverage multiplier). B. (return on equity) (total asset turnover). C. (net profit margin) (fixed asset turnover). D. (net profit margin) (total asset turnover).