Question: b . What factor is mainly responsible for the change in ROA from FY 2 to FY 3 ? Is it profit margin or asset

b. What factor is mainly responsible for the change in ROA from FY2 to FY3? Is it profit margin or asset turnover or both? Answer 19Asset turnoverBothProfit margin
c. What factor is mainly responsible for the change in ROA from FY3 to FY4? Is it profit margin or asset turnover or both? Answer 20

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