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A bucket contains 2 red balls, 4 yellow balls, and 5 purple balls. One ball is taken from the bucket and then replaced. Another ball is taken from the bucket. Are the events of pulling first ball is red then a purple one independent or dependent?
ROE
Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively management is using a company’s assets to create profits.
Net Income
The final income of a business once expenses and taxes are removed from the total revenue.
Invested Capital
Total capital invested in a company by its shareholders and debt holders, used for calculating returns generated by a company.
Assets
Assets represent resources owned or controlled by a business or individual that are expected to produce economic value or benefit in the future.
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