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. Discuss the performance of City Lodge over the years 2 0 1 6 , 2 0 1 7 and 2 0 1 8 .

.Discuss the performance of City Lodge over the years 2016,2017 and 2018. Assume that shareholders are expecting a minimum Return on Equity of 18% per annum. Calculate the Do your calculations using the following formulas:ROE = PAT/ Total Equity x 100RONA = EBIT/ Net Assets x 100ratios that you think you need to use to make this determinatio.
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