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    Understanding Canadian Business Study Set 1
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    Exam 16: Understanding Accounting and Financial Information
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    Return on Equity Divides ____ by _
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Return on Equity Divides ____ by _

Question 193

Question 193

Multiple Choice

Return on equity divides ____ by _.


A) income;number of shares outstanding
B) net income;net sales
C) net income after tax;total owners' equity
D) net income;taxes

Correct Answer:

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