If the return of Equity for one year is higher and the other year is...
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Accounting
If the return of Equity for one year is higher and the other year is lower what does that mean? For example, of one of the numbers in the year of 2021 the ROE was calculated at 10.68 million. While the other year 2020, was calculated at 40.73 million. What do these numbers tell us? What indicates a good ROE percent?
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