2. Considering the following information:

2011		2010		2009		2008		2007
ROE	9.47%		15%		24.31%		25.82%		24.07%
Tax burde	64.85%		59.37%		63.24%		58.20%		62.58%
Interest burde	92.58%		92.45%		92.74%		92.85%		92.61%
EBIT Margi	8.63%		10.41%		13.24%		15.69%		14.35%
Asset Turnover	0.85		1.21		1.47		1.44		1.58
Leverage	2.15		2.17%		2.13		2.19		2.18

Based on this information, comment on the negative trend in the company’s ROE  (20 Marks)  700 Words Answer compulsory

Answer rating: 100% (QA)

Return on Equity basically measures the financial performance of the business and is calculated by dividing the net income made by the business with the shareholders equity It is a very important meas... View the full answer