Question
Which of the following ratios measures a company's
profitability?Solution
Return on equity (ROE) is a financial ratio used in accounting to measure a company's profitability relative to the amount of equity invested by shareholders. It is calculated by dividing a company's net income by its shareholder's equity.
More Accounts Questions
- Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____ - Which letter-cluster will replace the question mark (?) in the following series?
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NPQR, OORQ, PNSP, ____, RLUN - A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
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17, 18, 22, 31, 47, ___