Question: Explain the main differences between private and public sector accounting. (500-600 words) b) Discuss the analysis of the profitability as a breakdown of the return

Explain the main differences between private and public sector accounting. (500-600 words)

b) Discuss the analysis of the profitability as a breakdown of the return of common equity into its drivers. In your discussion explain why borrowing might lever up the return on common equity. (500-600 words

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