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Question - After the calculations of the ROE for three different years 2011, 2012, and 2013 through the DuPont equation, the ROE is taken out as follows:
1. ROE = 35.32% in 2011
2. ROE = 23.98% in 2012
3. ROE = 18.40% in 2013
Required - As per the result mentioned above, critically analyze the results of three different years.
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