Reference no: EM132492520

2021 Income Statement

Net sales$9,600

Cost of goods sold (6,450)

Gross profit 3,150

Operating expenses (2,250)

Interest expense (260)

Income tax expense (256)

Net income$384

Comparative Balance Sheets Dec. 31            2021                   2020

Assets Cash                                               $660                $560

Accounts receivable                                  660                       460

Inventory                                                 860                         660

Property, plant, and equipment (net)           2,600                       2,700

                                                              $4,780                    $4,380

Liabilities and Shareholders' Equity Current liabilities $1,460                 $1,210

Bonds payable                                          1,700                         1,700

Common stock                                               660                            660

Retained earnings                                              960                         810

                                                                      $4,780               $4,380

Question 1: From this data what is the: Return on Equity, Equity Mutipilier and Return on Equity ( ising the Dupont framework) and how is it calculated?