Question
What is nonoperating return component of ROE for 2016 and 2015? Non operating return = ROE - RNOA 2016: 2.8-14.3 = -11.5% 2015: 8.1-24.0 =
What is nonoperating return component of ROE for 2016 and 2015?
Non operating return = ROE - RNOA
2016: 2.8-14.3 = -11.5%
2015: 8.1-24.0 = -15.9%
f. Comment on the difference between ROE and RNOA. What inference do you draw from this comparison?
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Financial Management Core Concepts
Authors: Raymond M Brooks
3rd edition
133866696, 978-0133866698
