FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Assume you are a financial analyst in an investment company, and you are required to analyse and compare the profitability dimensions of Natural Minerals Pty Ltd with the industry average for the year 2019 and 2020.
Natural Minerals Pty Ltd
Profitability |
2020 |
2019 |
Industry Average |
|
Return on Equity Ratio |
= |
12% |
9% |
10% |
Return on Assets Ratio |
= |
26% |
22% |
24% |
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