Question: The return on equity ratio: a. Is used to evaluate a business success relative to other activities. b. Is the ratio of net income to

The return on equity ratio:

a. Is used to evaluate a business success relative to other activities.

b. Is the ratio of net income to owners equity.

c. May be modified for proprietorships or partnerships by subtracting the value

of the owners efforts in managing the business.

d. All of the above

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