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Attached are the Income Statement and Balance Sheet for Company X and Company Y. If Company Y could match the return on sales (ROS) of

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Attached are the Income Statement and Balance Sheet for Company X and Company Y. If Company Y could match the return on sales (ROS) of Company X, what would be company Y's new return on equity (ROE) if all else stays equal? 0.098 0.091 0.090 B Item_Company.XCompany.Y 2 Year 2020 2020 3 Sales 6900 3800 4 Cost of God 2760 2090 5 Selling, Ger 570 EBIT 2415 7 Interest Ex: 621 8 Taxes Paid 322.92 164.16 9 Net Income 1471.08 747.84 10 1 Company.X Company.Y 2 Year 2020 2020 3 Cash and ca 9660 5700 4 Accounts R 966 760 5 Inventory 759 798 6 Net Proper 25530 13110 7 TOTAL ASSE 36915 20368 8 Accounts P 1311 9 Long Term 19195.8 11609.76 10 TOTAL LIAB 20506.8 20506.8 12103.76 11 TOTAL EQU 16408.2 8264.24 12 13

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