Question: Selected information for Teck Resources Limited for the most recent three years is as follows: Instructions (a) What was the main driver of the company's
.png)
Instructions
(a) What was the main driver of the company's return on assets over the last three years? Explain.
(b) What was the main driver of the company's return on common shareholders' equity over the last three years? Explain.
2012 2011 2010 Return on common shareholders' equity Return on assets Debt to total assets Asset turnover Profit margin 4.6% 2.5% 28.6% 0.3 times 8.4% 15.8% 7.2% 28.6% 0.3 times 24.0% 12.2% 6.3% 23.7% 0.3 times 21.1%
Step by Step Solution
3.48 Rating (174 Votes )
There are 3 Steps involved in it
a Return on assets is influenced by the profit margin and asset turnover The main d... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
1160-B-M-A-S-O-C-F(4551).docx
120 KBs Word File
