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Question 6 (10 marks) Albert Manila is analyzing two companies: Indochine Ltd and Pacific Lake Ltd. The information presented below is for the companies' summarized

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Question 6 (10 marks) Albert Manila is analyzing two companies: Indochine Ltd and Pacific Lake Ltd. The information presented below is for the companies' summarized balance sheet and Included in the analysis are the following two ratios (it is assumed that these have been calculated correctly): Albert has made the following comment: 'I cannot understand how two companies can have the same return on assets but completely different rates of return on owners" equity'. Suppose that you are working as an accounting graduate under Albert. Required: In addition to ROE and ROA ratios, use ANY TWO additional financial ratio calculations that you think are necessary, and explain the situation to Albert. (10 marks). Click or tap here to enter text

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