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Merlin891 Merlin891
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2 years ago
ROE = (net profit margin)(total asset turnover)(equity multiplier). What is the advantage of using this expanded version of the ROE formula versus using the simplified version which is net income divided by total equity?
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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cheezeh3adcheezeh3ad
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2 years ago
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Merlin891 Author
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2 years ago
Good timing, thanks!
Holly72492
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Yesterday
Smart ... Thanks!
Jose^2
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2 hours ago
Thanks
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