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An analyst gathered the following data about Starbucks. Using this information for question 16 to 17. 2017 12.9% 2018 18.3% Net profit margin (net income/

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An analyst gathered the following data about Starbucks. Using this information for question 16 to 17. 2017 12.9% 2018 18.3% Net profit margin (net income/ revenue) Asset turnover (revenue /assets) Leverage (assets/equity) 1.6 2.5 1.3 5.8 16. (5 points) Compute Starbucks' ROE in 2017 and 2018 respectively (Hint: ROE=net income / equity). 4 17. (5 points) Based on your calculations above, is ROE increased, decreased, or remain constant? Using DuPont Analysis to justify your answer (why ROE is increased, decreased, or remains constant)

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