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ObjectiveMcq
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What is the full form of "ROE"?
Correct Answer: D — Return on Equity
Explanation:
Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholder's equity. Because shareholder's equity is equal to a company's assets minus its debt, ROE is considered the return on net assets. ROE is considered a measure of a corporation's profitability in relation to stockholder's equity.