BUSINESS & INDUSTRY - A Better Way to Gauge Profitability - The advanced version of the DuPont model for calculating return on equity remedies a shortcoming of the original model -- Its failure to cleanly separate the effects of operating and financing decisions. The improved model introduces the concept of return on net operating assets as the core measure of operating performance. See it applied ...
| Year of publication: |
2008
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|---|---|
| Authors: | Burns, David C. ; Sale, J.Timothy ; Stephan, Jens A. |
| Published in: |
Journal of accountancy : publication of the American Institute of Certified Public Accountants. - Jersey City, NJ : Inst., ISSN 0021-8448, ZDB-ID 2193590. - Vol. 206.2008, 2, p. 38
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