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Gelneren [198K]
3 years ago
10

1. Star Inc. has Year 1 revenues of $80 million, net income of $9 million, assets of $65 million, and equity of $40 million, as

well as Year 2 revenues of $87 million, net income of $22 million, assets of $70 million, and equity of $50 million. Calculate Star’s return on equity (ROE) for each year based on the DuPont method and compare it with a direct ROE measure. Next, explain why the firm’s ROE changed between Year 1 and Year 2.
Mathematics
1 answer:
Gekata [30.6K]3 years ago
4 0
90000 because it changes when 7x is inside
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Please help me fast please
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