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Q2c: The advanced DuPont formula decomposes ROE into its three components: return on net operating assets (RNOA), financial leverage and spread. Explain the advantages of

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Q2c: The advanced DuPont formula decomposes ROE into its three components: return on net operating assets (RNOA), financial leverage and spread. Explain the advantages of this advanced decomposition over the basic DuPont decomposition. (6 marks)

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