last years return on on equity was 30%. This year the ROE has decreased by 20% even

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last years return on on equity was 30%. This year the ROE has decreased by 20% even though the firms earnings equaled last years earnings. the firm has no preferred stock. what caused the decrease?

a. equity decreased by 10%
b. equity increased by 50%
c. equity increased by 10%
d. equity increased by 50%

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Feb 06, 2024 01:25 AM

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last years return on on equity was 30%. This year the ROE has decreased by 20% even

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