The return on ordinary shareholders equity is defined as: a. net income divided by total assets. b.

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The return on ordinary shareholders’ equity is defined as:

a. net income divided by total assets.

b. cash dividends divided by average ordinary shareholders’ equity.

c. income available to ordinary shareholders divided by average ordinary shareholders’ equity.

d. None of the answer choices is correct.

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Financial Accounting With International Financial Reporting Standards

ISBN: 9781119787051

5th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Apr 05, 2024 01:40 AM

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The return on ordinary shareholders equity is defined as: a. net income divided by total assets. b.

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Financial Accounting With International Financial Reporting Standards

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