You have the following information for IBX Corporation for the years 2018 and 2020 (all figures are
Question:
You have the following information for IBX Corporation for the years 2018 and 2020
(all figures are in $ million):
What is the trend in IBX’s ROE? How can you account for this trend in terms of tax burden, margin, turnover, and financial leverage?
Transcribed Image Text:
2018 Net Income $ 253.7 2020 $ 239.0 Pretax Income 411.9 375.6 EBIT 517.6 403.1 Average assets 4,857.9 3,459.7 Sales 6,679.3 4,537.0 Shareholders' equity 2,233.3 2,347.3
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Related Book For
ISE Investments
ISBN: 9781260571158
12th International Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
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