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A Company Has a Net Loss for the Year of $(10,000,000)

Question 93

Multiple Choice

A company has a net loss for the year of $(10,000,000) and a deficit (negative equity) of $(1,000,000) . ROE will be


A) 1000% indicating an exceptional opportunity.
B) 1000% and meaningless.
C) -1000% indicating that the company is in dire straits.
D) 10.

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