Suppose Net Income increases by 10% and Average Equity increases by 15%. Will ROE:
A) increase
B) Decrease
C) Remain unchanged
D) Cannot be determined with the given information

Question

18-06-2024
Business

Answered

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Suppose Net Income increases by 10% and Average Equity increases by 15%. Will ROE:
A) increase
B) Decrease
C) Remain unchanged
D) Cannot be determined with the given information

Sagot :

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