Question
Return on Equity = ( Net Income ) / ( ( Beging Total Equity + Ending Total Equity ) / 2 ) times 1
Return on Equity Net IncomeBeging Total EquityEnding Total Equitytimes NET INCOME BEGINING TOTAL EQUITY ENDING TOTAL EQUITY The companys Return on Equity ratio is
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Calculus
Authors: Ron Larson, Bruce H. Edwards
10th Edition
1285057090, 978-1285057095
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