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Based on ROA and ROE ratios only (see table below), which company offers the best opportunity to an investor. Explain. Imperial Oil Ltd Exxon Mobil
Based on ROA and ROE ratios only (see table below), which company offers the best opportunity to an investor.
Explain.
Imperial Oil Ltd Exxon Mobil Corp Oil & Gas Industry Return on Assets 2015-12-31 2016-12-31 2017-12-31 2018-12-31 2019-12-31 2.65% 5.27% 1.18% 5.62% 5.28% 4.71% 2.35% 5.81% 6.00% 4.05% 3.40% -0.20% 5.30% 4.70% 2.79% Imperial Oil Ltd Exxon Mobil Corp Oil & Gas Industry Return on Equity 2015-12-31 2016-12-31 2017-12-31 2018-12-31 2019-12-31 4.85% 9.23% 1.99% 9.55% 9.07% 9.36% 4.64% 11.10% 10.98% 7.48% 7.90% -0.60% 10.50% 9.00% 5.33%Step by Step Solution
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