Question: (iii ) While Diamond's ROA and ROCE both went down in 2011 compared to 2009, the relative reduction in the ROCE is much less. Why?

(iii ) While Diamond's ROA and ROCE both went down in 2011 compared to 2009, the relative reduction in the ROCE is much less. Why? (c) Refer to the statements of cash flows provided in Case Exhibit 2,...

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