Question 2.1: The following information relates to Lamia Scale Ltd.

Using the Du Pont framework and the response template provided below, calculate the return on equity and its three drivers for 2024 and 2023. (Round your answers to 2 decimal places. You should show all workings). Once your calculations are presented in the response template below, in 50 words or less, discuss what is driving the change in return on equity from 2023 to 2024. (10 marks) 

Note: You can refer to the COMM1140 ratio list.