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Explaining a change in profitability medium consider the

Question: Explaining a Change in Profitability (Medium) Consider the following financial information:

Prepare a succinct analysis that explains the change in ROCE from 2008 to 2009. The marginal tax rate is 34 percent, and dividends paid on preferred stock cannot be deducted for tax purposes.

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Finance Basics: Explaining a change in profitability medium consider the

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