Firm A and firm B have the same ROA, yet firm As ROE is higher. How can
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Return on equity ROE is calculated by dividing net income by share...View the full answer
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Rohit Kataria
I am currently pursuing my last year of articleship to become a chartered accountant. I have a bachelor's degree in commerce securing first class. I have taken part in audits of companies with turnovers in millions of dollars. I am proficient in auditing, accountancy, business management, marketing and finance fields. I can clearly convey ideas and resolve any doubts in these areas.
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