Question: Based on the following table, answer the requirements below: Return on Return on Financial Return on Asset Company Name Equity Assets Leverage Sales Turnover

Based on the following table, answer the requirements below: Return on Return

Based on the following table, answer the requirements below: Return on Return on Financial Return on Asset Company Name Equity Assets Leverage Sales Turnover Dog Nation 0.177 0.060 3.740 0.046 1.304 Dog Shoe 0.178 0.119 1.501 0.065 1.828 Warehouse Hound Smart 0.177 0.112 1.762 0.038 2.930 Paw Locker 0.177 0.126 1.430 0.065 1.927 Pooch Mart 0.177 0.111 1.639 0.057 1.938 Required: 1. Which of the above companies has achieved its level of Return on Equity primarily through a business strategy of selling a high volume of goods at a low markup over cost? Explain the reason/s for your argument. (4 marks) 2. Paw Locker has the highest Return on Assets in its comparison group. Explain the possible reason/s for the secret to it's success? (6 marks)

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