pzeta201
Oct 29, 2011, 03:46 PM
Net Operating Profit margin * net operating asset turnover = operating ROA
Spread * Net Financial Leverage = Financial leverage gain
Then: Operating ROA financial leverage gain = ROE
How do I calculate the Spread using the financial statements?
Spread * Net Financial Leverage = Financial leverage gain
Then: Operating ROA financial leverage gain = ROE
How do I calculate the Spread using the financial statements?