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Question 2 - Ratio analysisDiscuss the performance of City Lodge over the years 2 0 1 6 , 2 0 1 7 and 2 0

Question

2 -

Ratio analysisDiscuss the performance of City Lodge over the years

2016, 2017

and

2018 .

Assume that

shareholders are expecting a minimum Return on Equity of

18 %

per annum. Calculate the ratios

that you think you need to use to make this determination.

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