Below are data taken from the financial statements of two companies in the same industry: Instructions
a) Calculate the ROA and ROE for both companies. Assume total assets and equity have not changed from the previous year.
b) As an equity investor, which company would you prefer to invest in?

Question

Below are data taken from the financial statements of two companies in the same industry:  Instructions 
a) Calculate the ROA and ROE for both companies. Assume total assets and equity have not changed from the previous year.
b) As an equity investor, which company would you prefer to invest in?

Quizplus · Accepted Answer

The Answer of Below are data taken from the financial statements of two companies in the same industry:  Instructions 
a) Calculate the ROA and ROE for both companies. Assume total assets and equity have not changed from the previous year.
b) As an equity investor, which company would you prefer to invest in?

Below Are Data Taken from the Financial Statements of Two