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Nikko Corp

question 24

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Nikko Corp.'s total common equity at the end of last year was $305,000 and its net income after taxes was $60,000.What was its ROE?


Definitions:

Annual Rates

Yearly percentages or quantities employed in various calculations, such as interest or growth rates.

Monthly Rates

Monthly quantifications or percentages, typically applied in scenarios like rent, subscription fees, or interest calculations.

Annual Rates

The amount or percentage over a year used for calculating changes in financial or other measurements.

Annual Rates

Year-over-year figures or metrics, often used in contexts such as finance or growth measurement.

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