Which one of the ratios of the return on equity is the best with the...
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Accounting
Which one of the ratios of the return on equity is the best with the explanation?
Return on Equity (ROE) for the years 2019 - 2020: Return on Equity (ROE) = (Net income / Shareholders' Equity) * 100 year Net income Shareholders' Equity Return on Equity 2019 5,622,760 76,557,931 7.3% 2020 956,941 73,644,872 1.2%
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