Consider the following annual returns of Estee Lauder and Lowe's Companies: Estee Lauder Lowe's Companies Year 1 23.9% -6.0% Year 2 -24.0 16.6 Year 3 18.1 4.7 Year 4 50.4 -17.3 44.0 -14.0 Year 5 Compute each stock's average return, standard deviation, and coefficient of variation Note: Round your answers to 2 decimal places. Average return Standard deviation Coefficient of variation Estee Lauder Lowe's Companies % % % %
Consider the following annual returns of Estee Lauder and Lowe's Companies: Estee Lauder Lowe's Companies Year 1 23.9% -6.0% Year 2 -24.0 16.6 Year 3 18.1 4.7 Year 4 50.4 -17.3 44.0 -14.0 Year 5 Compute each stock's average return, standard deviation, and coefficient of variation Note: Round your answers to 2 decimal places. Average return Standard deviation Coefficient of variation Estee Lauder Lowe's Companies % % % %
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
Section: Chapter Questions
Problem 7SEB
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Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
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