A firm states that one of its goals is to earn a return on common equity of

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A firm states that one of its goals is to earn a return on common equity of 17-20 percent. What is wrong with setting a goal in terms of return on common equity?

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Financial statements

ISBN: 978-007802531

5th Edition

Authors: Stephen Barrad

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Question Posted: Mar 17, 2012 07:35 AM

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A firm states that one of its goals is to earn a return on common equity of

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Return on common equity ROCE is affected by leverage I...View the full answer

Financial statements

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