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QUESTION 12 1. For the following variables, in terms of measuring shareholder wealth, order them from worst to best: 1. Profit before interest and tax
QUESTION 12 1. For the following variables, in terms of measuring shareholder wealth, order them from worst to best: 1. Profit before interest and tax 2. Gross profit 3. Share price 4. Earnings per share 5. Return on capital employed A.2.5, 1.4,3 B. 1.5. 4, 3, 2 C. 5, 4, 1.3.2 D.4.5.2, 1.3 E. 3, 4, 5, 1, 2
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