Return on Assets vs Return on Equity 2014 2016 2017 2018 25.0% ROA ROE 2020 ROA= Profit Margin x Turnover 10.0% Asset Turnover Profit Margin on... ROA 5.00 2015 2019 2021 8.0% 4.00 20.0% 15.0% 6.0% 3.00 10.0% 4.0% 2.00 5.0% 1.00 I 0.0% 0.00 2014 2020 2021 ROE = Equity Multiplier x ROA Equity Multip... ROA ROE 0.0% 2015 2016 2017 2018 2019 Equity Multiplier = Total Assets/Total SE 2014 2015 2016 2017 2018 $300,000 Avg TA Avg SE 2020 25.0% 2019 2021 4.00 20.0% 3.00 $200,000 15.0% Equity Multiplier 2.00 10.0% $100,000 1.00 5.0% 50 Avg TA Avg TA Avg SE 0.0% 0.00 2014 2015 2016 2017 2018 2019 2020 2021 tableau Drawing from the data available ($ in 000s), assess the following: Complete this question by entering your answers in the tabs below. Required Required Required Required Required Required 1 2 3 4 5 6 What general conclusion would you draw from the data depicted in the Dashboard? The rising equity multiplier is due primarily to increasing assets while holding debt relatively constant and has provided the leverage that has allowed Westbridge to maintain a high level of return on equity, despite a declining return on assets. The rising equity multiplier is due primarily to increasing shareholders' equity and has provided the leverage that has allowed Westbridge to maintain a high level of return on equity, despite a declining return on assets. Increasing debt relative to equity has provided the leverage that has allowed Westbridge to maintain a high level of return on equity, but also increases the potential for default on that debt