Use the docmposed ROE framework to provide possible reasons for ts difference based on the figure on the table below: Transcribed

Excerpt
on Figure 5.15. Woolworths Coles 2019 2018 2019 2018 Return on sales 4.6% 3.1% 3.7% 4.0 Asset turnover 2.56 2.45 3.45 3.12* Leverage 2.17 2.24 3.38 3.86* * Not calculated for average total assets and average equity due to the unavailability of 2017 comparison figures

Use the docmposed ROE framework to provide possible reasons for ts difference based on the figure on the table below: Transcribed Image Text: Q3: In 2019, Woolworths Group had a return on equity of 25.6%, whereas its supermarket
industry competitor Coles Group Ltd earned 43.4%. use the decomposed ROE framework to
provide possible reasons for ts difference based on Figure 5.15.
Woolworths
Coles
2019
2018
2019
2018
Return on sales
4.6%
3.1%
3.7%
4.0
Asset turnover
2.56
2.45
3.45
3.12*
Leverage
2.17
2.24
3.38
3.86*
* Not calculated for average total assets and average equity due to the unavailability of 2017
comparison figures

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