Question
Merck is one of the largest pharmaceutical firms in the world, and it consistently earned higher ROEs than the pharmaceutical industry as a whole. As
Merck is one of the largest pharmaceutical firms in the world, and it consistently earned higher ROEs than the pharmaceutical industry as a whole. As a pharmaceutical analyst:
1. What factors contribute to the likelihood that Merck continues to be a high ROE performer?
2. What factors might contribute to Merck reverting to the industry mean?
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Cost Management Accounting And Control
Authors: Don R. Hansen, Maryanne M. Mowen
3rd Edition
0324002327, 978-0324002324
