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If you have the following ratios for 2018 and 2019 for Z company. 2018 2019 Retrun on Assets 1.9 1.5 Return on Equity 1.8 1.2
If you have the following ratios for 2018 and 2019 for Z company.
| 2018 | 2019 |
Retrun on Assets | 1.9 | 1.5 |
Return on Equity | 1.8 | 1.2 |
Debt Ratio | 0.7 | 0.3 |
current Ratio | 1.5 | 0.7 |
In 10 lines, Using the above ratios, compare between the financial performance and financial position in 2018 and 2019? which year is better, and why?
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