The numerator for computing the rate of return on ordinary equity is a. net income. c. net

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The numerator for computing the rate of return on ordinary equity is

a. net income.

c. net income minus preference dividends.

b. net income minus interest expense.

d. net income plus preference dividends.

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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