C5.2. Jetform Corporation traded at a price-to-book ratioof 1.01 in May 1999.1ts most recently reported ROCE was
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C5.2. Jetform Corporation traded at a price-to-book ratioof 1.01 in May 1999.1ts most recently reported ROCE was 10.1 percent, andit isdeemed to have a required equity returnof 10percent. What is yourbestguess as to theROCE expected forthe next fiscal year?
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Related Book For 
Financial Statement Analysis And Security Valuation
ISBN: 9780071267809
4th International Edition
Authors: Penman-Stephen-H, Steven Penman
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