Question: Cal's Market has a return on equity ( ROE ) of 1 5 percent. What does this mean? Multiple choice question. Cal's paid a dividend

Cal's Market has a return on equity (ROE) of 15 percent. What does this mean?
Multiple choice question.
Cal's paid a dividend of $.15 per share to its shareholders this year.
Cal's generated $.15 in profit for every $1 of sales.
Cal's generated $.15 in profit for every $1 of book value of equity.
Cal's generated $.15 in profit for every $1 of market value of equity.

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