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 FY to FY Is it profit margin or asset turnover or both? Answer Asset turnoverBothProfit margin
c What factor is mainly responsible for the change in ROA from FY to FY Is it profit margin or asset turnover or both? Answer
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