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Birthrough CalatorBeat Pad A shareholder has received the flowing summarised financial results for Scrum Co Nor the last year Sm Ordinary shareholders funds 25 Non-cument

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Birthrough CalatorBeat Pad A shareholder has received the flowing summarised financial results for Scrum Co Nor the last year Sm Ordinary shareholders funds 25 Non-cument Kabilities G Operating profit 7 Finance charges Taxation The industry in which Scruff Co-operates has the following average financial performance Return on equity 14% Return on capital employed 25% Which TWO of the following statements are true? Scruff Co's return on capital employed is lower than the industry average Scruff Co's return on equity is higher than the industry average Scruff Co's return on capital employed is higher than the industry average Scruff Co's return on equity is lower than the industry average

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