Explain the Significance of the Return on Equity Ratio

question 153

Essay

Explain the significance of the return on equity ratio.Who (what category or type of financial statement users)would normally be most interested in this ratio,and why?

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Definitions:

Hypodermis

The innermost and thickest layer of the skin, containing fat and connective tissue that insulates the body.

Rule Of Nines

A method used in medical fields to estimate the total body surface area affected by burns, dividing the body into sections each representing approximately 9%.

Burn Injury

Damage to the skin or deeper tissues caused by heat, chemicals, electricity, sunlight, or radiation.

Melanoma

A type of skin cancer that originates in the melanocytes, the cells which produce the pigment melanin that colors the skin, hair, and eyes.