The analysis of Return on Equity (ROE) is as follows: 2015: 3.58% 2016: 2.06% 2017: 3.79% 2018: 3.77% 2019: 2.87%

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 5MC
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What is the trend analysis and why the value is increasing and decreasing?
The analysis of Return on
Equity (ROE) is as
follows:
2015: 3.58%
2016: 2.06%
2017: 3.79%
2018: 3.77%
2019: 2.87%
Transcribed Image Text:The analysis of Return on Equity (ROE) is as follows: 2015: 3.58% 2016: 2.06% 2017: 3.79% 2018: 3.77% 2019: 2.87%
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