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The extent to which a company uses its liabilities to leverage up its return to stockholders is measured by the difference between ROE and ROA.
The extent to which a company uses its liabilities to leverage up its return to stockholders is measured by the difference between ROE and ROA.
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Accounting A Smart Approach
Authors: Mary Carey, Cathy Knowles, Jane Towers-Clark
3rd Edition
0198745133, 978-0198745136
