Question: Question 9. The latest return on equity (ROE), financial leverage (FL), and total asset turnover (TATO) of CBRG Ltd. are as follows: 2018 2019 2020

Question 9.

The latest return on equity (ROE), financial leverage (FL), and total asset turnover (TATO) of CBRG Ltd. are as follows:

2018

2019

2020

ROE

20%

15%

5%

FL

1.6

1.2

0.4

TATO

2.0

1.5

1.2

Based on the above information from 2018 to 2020, we can conclude that the return on sales (ROS) of CBRG Ltd

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