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The return on equity ratio is found by dividing net income by sales yes or no ?
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The return on equity ratio is found by dividing net income by sales yes or no ?
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Oct 10, 2019
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The return on equity ratio is found by dividing net income by sales
yes or no ?
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Bryce
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The answer is
YES.
It is
often called the return on total assets, is a profitability ratio
that measures the
net income
produced by total assets during a period.It is calculated mostly by shareholders.
Yang Bo
answered
Oct 15, 2019
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Yang Bo
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