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Need help with the following? The following table is based on the advanced DuPont model. Which of the following statements is false? All three firms

Need help with the following?

The following table is based on the advanced DuPont model.

Which of the following statements is false?

All three firms have the same operating performance.

Firm

x

has a higher ROE than Firm

Y .

Firm

Z

has a higher ROE than Firm Y

.

Firm

Z

has the highest spread.

Firm

x

and Firm

Y

have the same spread.

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