Modified DuPont Formula (cont.)
{"Image DocumentName": "Modified DuPont Formula (cont.)", "Image ImageDescription": "Use of the FLM to convert ROA into ROE reflects the impact of financial leverage on the owner\u2019s return. Substituting the values for Bartlett Company\u2019s ROA of 6.1 percent calculated earlier, and Bartlett\u2019s FLM of 2.06 ( 3,597,000 total assets \u00f7  1,754,000 common stock equity) into the Modified DuPont formula yields: ROE = 6.1% X 2.06 = 12.6% Copyright \u00a9 2006 Pearson Addison-Wesley. All rights reserved.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}