Calculate the DuPoint Model, given the following information:
Calculate the DuPoint 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.
Please show work