I need you to help me calculate the DuPont Model (DPM), given the following information:
cash=$16,080;
account receivable= $ 9,500;
prepaid =$3,150;
supplies =$675;
equipment=$25,200;
accumulated depreciation-equipment=$8,150 for year one.
Cash=$20,000;
account receivable =$15,000; prepared=$1,175;
supplies=$2,675;
equipment=$89,057;
accumulated depreciation-equipment=$36,800 for year 2.
Additional information for year two 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.