Return on Equity Is the Ratio of Net Profit to Owners

question 2

True/False

Return on equity is the ratio of net profit to owners' equity.

---

Definitions:

Specialized Skills

Expertise or knowledge in a specific field or domain, often requiring extensive training and experience to acquire.

Common Framework

A standardized structure or set of guidelines used to organize and implement processes or systems.

Global Strategy

A comprehensive plan developed by a business to compete and succeed in international markets.

Working Conditions

The environment in which an employee works, including aspects such as safety, ergonomics, hours, and the physical setting.