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  3. Study Set
    Managerial Accounting Study Set 23
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    Exam 16: Financial Statement Analysis
  5. Question
    The Formula for the Return on Equity Is: Return on Equity
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The Formula for the Return on Equity Is: Return on Equity

Question 32

Question 32

True/False

The formula for the return on equity is: Return on equity = Net income ÷ Average total stockholders' equity.

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