Use the DuPont method to calculate the 2013 ROE for Bacon Signs

A) 0.0961 * 0.46 * 4.30 = 0.1698 = 16.98%
B) 0.0961 * 0.46 * 1.81 = .0796 = 7.96%
C) 0.0961 * 0.41 * 1.88 = .0741 = 7.41%
D) 0.0961 * 0.41 * 1.00 = 0.0395 = 3.95%

C
Explanation: C) NI/Sales * Sales TA * TA/Equity = $713/$7,418 * $7,418/$18,063 * $18,063/$9,620 = 7.41%

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The Spearman rank correlation coefficient is calculated by first ranking the data values, and then calculating the Pearson correlation coefficient of the ranks

Indicate whether the statement is true or false

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Robert is a single taxpayer who has AGI of $145,000 in 2016; his taxable income is $122,000 . What is his federal tax liability for 2016?

a. $12,600.00 b. $27,196.75 c. $27,231.25 d. $33,671.25 e. $34,160.00

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