Sustainable Growth Rate/Dupont Rate,”Regrouping terms in the DuPont allows us to express ROE as the product of three distinct ratios: net margin (net income over sales), asset turnover (sales over assets)

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Sustainable Growth Rate/Dupont Rate,”Regrouping terms in the DuPont allows us to express ROE as the product of three distinct ratios: net margin (net income over sales), asset turnover (sales over assets)

and the equity multiplier (assets over equity).”

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