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    Small Business Management
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    Exam 8: Accounting Records and Financial Statements
  5. Question
    A High Return on Equity Ratio Is Generally a Good
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A High Return on Equity Ratio Is Generally a Good

Question 99

Question 99

True/False

A high return on equity ratio is generally a good indication for a business; however, this ratio is highly affected by debt and may not be an accurate measurement of management effectiveness.

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