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35 2019 2018 KDM KDM . ut of Sales 750 600 PAT 74 187 Current Assets 380 145 Non-Current Assets 830 920 Liabilities 360 315
35 2019 2018 KDM KDM . ut of Sales 750 600 PAT 74 187 Current Assets 380 145 Non-Current Assets 830 920 Liabilities 360 315 Which of these statements is/are correct for the above company? Return on Equity (ROE) for 2019 was 8.7%,, and was 12% for 2018. Il if the industry average for ROE is 10% and a company's ROE increased from 11% to 12%, this is an indication of high audit risk. Select one: O a. Both (and (II) are correct. O b. Only Il is correct. O c. Both (1) and (It) are incorrect Od. Only lis correct
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