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Problem
Interpreting results from the Du Pont system of analysis
Assume the following data for Cable Corporation and Multi-Media, Inc.
Cable Corporation
Multi Media, Inc.
Net income
$
30,700
139,000
Sales
314,000
2,120,000
Total assets
468,000
925,000
Total debt
194,000
478,000
Stockholders' equity
274,000
447,000
1) Compute return on stockholders' equity for both firms.
Return on stockholders' equity
2) Which firm has the higher return? (b) Compute the following additional ratios for both firms.
Multi-Media, Inc.
Net income / Sales
Net income / Total assets
Sales / Total assets
Debt / Total assets
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