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Question 9. The latest return on equity (ROE), financial leverage (FL), and total asset turnover (TATO) of CBRG Ltd. are as follows: 2018 2019 2020
Question 9.
The latest return on equity (ROE), financial leverage (FL), and total asset turnover (TATO) of CBRG Ltd. are as follows:
| 2018 | 2019 | 2020 |
ROE | 20% | 15% | 5% |
FL | 1.6 | 1.2 | 0.4 |
TATO | 2.0 | 1.5 | 1.2 |
Based on the above information from 2018 to 2020, we can conclude that the return on sales (ROS) of CBRG Ltd
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