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Calculate the return on equity (ROE) for Alphabet Inc. using the following data: Net Income: $500,000,000 Shareholders' Equity: $3,000,000,000 Utilize the ROE formula to find
Calculate the return on equity (ROE) for Alphabet Inc. using the following data:
- Net Income: $500,000,000
- Shareholders' Equity: $3,000,000,000
Utilize the ROE formula to find the result.
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
2nd Edition
0078110823, 9780078110825
