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ROE comparisons of companies in the same industries

ROE comparisons of companies in the same industries pRqmL
As we know ROE is one of the best indicators for finding profitability of companies. It shows that how the company can generate its shareholder's equity into profit. In most industries, it is acceptable to have ROE not less than 10% for doing well. In this scenario, as long as we compare Britvic's ROE in 2019 to other years, we can see that it is lower than previous ones. In 2019 Britvic earns less profit, even though it has more net assets rather than previous years. The main reason for that can be the effect of COVID-19. However, it is not consequently bad due to other companies in the same industry almost have the same ROEs as Britvic.
As we know ROE is one of the best indicators for finding profitability of
companies
. It
shows
that how the
company
can generate its shareholder's equity into profit. In most industries, it is acceptable to have ROE not less than 10% for doing well.
In
this scenario, as long as we compare
Britvic
's ROE in 2019 to other years, we can
see
that it is lower than previous ones. In 2019
Britvic
earns less profit,
even though
it has more net assets
rather
than previous years. The main reason for that can be the effect of COVID-19.
However
, it is not
consequently
bad
due to other
companies
in the same industry almost have the same
ROEs
as
Britvic
.
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IELTS essay ROE comparisons of companies in the same industries

Essay
  American English
1 paragraphs
118 words
This writing has been penalized,
text can't be
less than 250 words in Task 2
and less than 150 words in Task 1
5.0
Overall Band Score
Coherence and Cohesion: 5.5
  • Structure your answers in logical paragraphs
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    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.5
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.0
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 5.0
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
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