A company has the following items for the fiscal year 2020: Revenue =10 million EBIT = 5 million Net income = 2 million Total Equity = 20 million Total Assets = 40 million Calculate the company’s ROA and ROE
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- A company has the following items for the fiscal year 2020:
- Revenue =10 million
- EBIT = 5 million
- Net income = 2 million
- Total Equity = 20 million
- Total Assets = 40 million
Calculate the company’s ROA and ROE
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