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  3. Study Set
    Accounting Information for Business Decisions
  4. Exam
    Exam 8: The Balance Sheet: Content, Use and Analysis
  5. Question
    The Return on Owner's Equity Ratio Does Not Add Interest
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The Return on Owner's Equity Ratio Does Not Add Interest

Question 11

Question 11

True/False

The return on owner's equity ratio does not add interest expense back to net income, because net income is a measure of a business' profits available to owners.

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