Multiple Choice
Return on equity for Delta company is 7%. This means that:
A) Delta will pay a dividend of $0.07 on each ordinary share.
B) The market value of Delta's ordinary shares will increase.
C) Delta earned $0.07 for each dollar of equity.
D) The book value of Delta's ordinary shares will increase by 7%.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Thorpedo Ltd reported a return on assets
Q22: The use of debt to increase a
Q23: The owners of a small entity, such
Q24: Use the following information to answer questions
Q25: Which of the following companies, whose ROE
Q27: Which of the following statements concerning the
Q28: For financial information to be useful for
Q29: Which of the following is a measure
Q30: The most common information needs of users
Q31: The 'true and fair view' of the