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PA11-5 (Algo) Computing and Interpreting Return on Equity (ROE) and Price/Earnings (P/E) Ratios [LO 115] Two online magazine companies reported the following in their financial
PA11-5 (Algo) Computing and Interpreting Return on Equity (ROE) and Price/Earnings (P/E) Ratios [LO 115] Two online magazine companies reported the following in their financial statements: Required: 1-a. Compute the 2021 ROE for each company. 1-b. Which company appears to generate greater returns on stockholders' equity in 2021 ? 2-a. Compute the 2021 P/E ratio for each company. 2-b. Which company do investors appear to value more? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2 Compute the 2021 ROE for each com ROE BetterWorth % Outdoor Fun %
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