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please i will upvote u CP11-5 (Algo) Computing and Interpreting Return on Equity (ROE) and Price/Earnings (P/E) Ratios [LO 11. 5] Here to There industries,
please i will upvote u
CP11-5 (Algo) Computing and Interpreting Return on Equity (ROE) and Price/Earnings (P/E) Ratios [LO 11. 5] Here to There industries, and Olsson Transport are two publidy traded airline companies. They reported the following in their financial statements (in millions of dollars, except per-share amounts and stock prices): 1.0. Compute the 2021 ROE for each compony. Express ROE as a percentage. TIP. Remember the bottom of the ROE ratio uses the average stockhididers' equity 1.b. Which company sppears to generate greater returns on stockholders equity in 202.1? 2-a. Compute the 2021PIE ratio for each company 2.b. Which compony do investors appear to value more? Complete this question by entering your answers in the tabs below. Compute the 2021 ROE for each company. Express ROE as a percentage. TIP: Remember the bottom of the ROE ratio Uses the average stockholders' equity. (Do not round your intermediate calculations. Round your answers to 1 decimal place.) Complete this question by entering your answers in the tabs below. Compute the 2021P/ E ratio for each company. (Round your answers to 1 decimal place.) Step by Step Solution
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