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Use the following information to answer Questions 5 and 6. Company X and Y had the following results during the recent period. Return on Capital
Use the following information to answer Questions 5 and 6. Company X and Y had the following results during the recent period. Return on Capital Employed (ROCE) Return on Assets (ROA) Total assets/equity Company X 2.2 3.1 1.1 Company Y 1.8 2.9 1.5 5. The return on equity (ROE) for company X is equal to: 02.81 O 3.41 4.20 0 4.35 6. The return on equity (ROE) for company Y is equal to
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