Another Term for Return on Equity Is

question 24

Multiple Choice

Another term for return on equity is:

• A)return on investment.
• B)return on assets.
• C)return on retained earnings.
• D)none of these.

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Definitions:

Exchange Rate

The value of one currency expressed in terms of another, determining how much of one currency can be exchanged for another.

Leading Import

The most significant or highest-valued good or service that a country imports from another country.

Comparative Advantage

The ability of an entity to produce a good at a lower opportunity cost than another entity, leading to potential gains from trade.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service more efficiently than competitors, using the same amount of resources.