Below are the DuPont analyses of 2012 and 2013 for Company X RETURN ON EQUITY (ROE)
PROFIT
MARGIN
X
ASSET
TURNOVER
Х
LEVERAGE
2012
10.55%
2.60%
1.33
3.051
2013
11.74%
1.80%
2.27
2.873
Based on the breakdown of the DuPont framework, which of the following statements is true regarding
Company X?
Company X is more profitable in 2013 than in 2012.
O Company X has more assets in 2013 than in 2012
Company X has a lower assets to equity ratio in 2013 than in 2012.

You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.