1. Profit margins and turnover ratios vary from one industry to another. What differences would you expect to find between the turnover ratios, profit margins, and DuPont equations for a grocery chain and a steel company?
2. If a firm's ROE is low, and management wants to improve it, should a firm consider using more debt? If so, explain your positoin in how would this help.
3. Would inventory turnover ratio be more important for somone who is analyzing a grocery store chain than an insurance company? Explain your position.