Multiple Choice
Which equation is valid?
A) g = Percent of earnings retained ¸ Return on equity
B) g = Return on equity ¸ Percent of earnings retained
C) g = Return on equity ¸ Return on total assets
D) g = Percent of earnings retained × Return on equity
E) g = Total assets × Return on total assets
Correct Answer:
Verified
Correct Answer:
Verified
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