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Home Q & A Board Other Fields Homework Help Business Accounting
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Tomm Tomm
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6 years ago
Return on equity is a ratio that:
A) is calculated by dividing net income plus preferred dividends by average common shareholders' equity
B) shows the relationship between net income available for common shareholders and average common shareholders' equity
C) cannot be calculated if the company has preferred shares in addition to common shares
D) is calculated by dividing net income plus preferred dividends by average common shareholders' equity and shows the relationship between net income available for common shareholders and average common shareholders' equity
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
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ACC 925
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TheSinTheSin
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6 years ago
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