Question: Based only on the available data below, 2018 2019 ITA turnover 1.1x 1.5x NPM 8.5% 6.9% ROE 12.11% 10.92% According to DuPont analysis, ROE is
Based only on the available data below, 2018 2019 ITA turnover 1.1x 1.5x NPM 8.5% 6.9% ROE 12.11% 10.92% According to DuPont analysis, ROE is lower in 2019 than in 2018 due to: a. inefficient use of assets, lower profit margin, and higher leverage b.lower profit margin c. inefficient use of assets and lower profit margin d. inefficient use of assets and higher leverage
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
