The return on assets for Ayala Corporation is 7.6%. During the same year, Ayalas return on common

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The return on assets for Ayala Corporation is 7.6%.

During the same year, Ayala’s return on common stockholders’ equity is 12.8%. What is the explanation LO15 for the difference in the two rates?

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Financial Accounting

ISBN: 9781118953907

8th Edition

Authors: Paul D Kimmel, Jerry J Weygandt, Donald E Kieso

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Question Posted: Jul 20, 2024 07:00 AM

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The return on assets for Ayala Corporation is 7.6%. During the same year, Ayalas return on common

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Financial Accounting

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