Return on Equity Can Be Calculated as Average Shareholders' Equity

question 5

True/False

Return on equity can be calculated as average shareholders' equity divided by profit.

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Definitions:

Phenylketonuria

A genetic disorder resulting from the body’s failure to oxidize an amino acid, perhaps because of a defective enzyme.

Phenylalanine

An amino acid of a protein.

Mental Retardation

A now outdated term referring to a developmental disability that affects intellectual and adaptive functioning.

Allergens

Substances that can trigger an allergic reaction in sensitive individuals.