Question: When comparing one companys return on equity to its industry peers, the RMA Annual Statement Studies uses which of the following measures? A. Net Income/Average
When comparing one companys return on equity to its industry peers, the RMA Annual Statement Studies uses which of the following measures?
A.Net Income/Average Net Worth
B.Net Income/Tangible Net Worth
C.Profit Before Taxes/Tangible Net Worth
D.Profit Before Taxes/Average Tangible Net Worth
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