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Financial Statement information of Baraya and Mayasari Limited Baraya (in Millions) Mayasari (in Millions) Income 3,254.259 3,519,776 Net Income 15.538 39, 100 Total Asset 1,305,

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Financial Statement information of Baraya and Mayasari Limited Baraya (in Millions) Mayasari (in Millions) Income 3,254.259 3,519,776 Net Income 15.538 39, 100 Total Asset 1,305, 191 1,379,904 Common stock 294,493 333.593 NRE 42,450 62.425 EBIT 44,332 63.476 a. Find ROE using the direct method for both companies b. Find ROE using the DuPont method for both companies c. Interpret the meaning of ROE obtained at point B d. Recalculate new asset turnover if Mayasari Limited Equity multiplier drops 2%? (Company still wants to keep ROE at 11.72%) e. Recalculate ROE if Baraya Limited's asset turnover increases by 3%

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