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Which of the following is not a return on equity formula? Multiple Choice Equity/Net income Net Income / Equity (NI/S) x (S/A) x (1 +

Which of the following is not a return on equity formula?

Multiple Choice

  • Equity/Net income

  • Net Income / Equity

  • (NI/S) x (S/A) x (1 + D/E)

  • Profit margin x Total Asset Turnover x Equity Multiplier

  • ROA x A/E

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