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Examveda

Profit margin multiply assets turnover multiply equity multiplier is used to calculate

A. return on turnover

B. return on stock

C. return on assets

D. return on equity

Answer: Option D

Solution(By Examveda Team)

Profit margin multiply assets turnover multiply equity multiplier is used to calculate return on equity. Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.

This Question Belongs to Commerce >> Financial Management

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