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Analyse the profitability of invested capital (assets) for each of the two companies in 2019 as compared to 2018. Based on your calculations, explain the
Analyse the profitability of invested capital (assets) for each of the two companies in 2019 as compared to 2018. Based on your calculations, explain the main reason(s) for the change in the profitability for each company over the two years. Note: ensure that you analyse in this question, not just describe the ratio values.
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College Accounting
Authors: Heintz and Parry
20th Edition
