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Financial Statements MCQs

What is ROE, and why is it important?

Return on equity; It is important because it tells you the amount of net income returned as a percentage of shareholders equity

Return on equity; It is important because it tells you the amount of gross income returned as a percentage of shareholders equity

Return on equity; It is important because it tells you the amount of dividends returned as a percentage of shareholders equity

Return on equity; It is important because it tells you the amount of gross income returned as a percentage of creditors equity

Answer

Correct Answer: Return on equity; It is important because it tells you the amount of net income returned as a percentage of shareholders equity

Explanation:

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