DU PONT MODEL

Calculate the DUPont Model, given the following information: cash=$16,080;accounts receivable=$9,500: prepaid=$3,150; supplies =$675;equipment=$25,200;accumulated depreciation-equipment=$8,150 for year one. Cash=$20,000;accounts receivable=$15,000;prepaid=$1,175;supplies=$2,675;equipment=$89,057;accumulated depreciation-equipment=$36,800 for year 2. Additional year 2 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.