f. Return on equity (ROE) can be measured either as EPS divided by book value per share
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f. Return on equity (ROE) can be measured either as EPS divided by book value per share or as total earnings divided by total equity. Calculate ROEs for the three companies for 2010. (Hint: Edelman’s 2010 ROE is 13.3%.)
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Financial Management Theory And Practice
ISBN: 9781439078105
13th Edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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