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    College Accounting Study Set 5
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    Exam 15: Financial Statements and Year-End Accounting for a Merchandising Business
  5. Question
    Return on Owner's Equity Is the Ratio of Net Income
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Return on Owner's Equity Is the Ratio of Net Income

Question 94

Question 94

True/False

Return on owner's equity is the ratio of net income to average owner's equity in the business.

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