Return on Assets and Return on Equity Are Both Profitability

question 66

True/False

Return on assets and return on equity are both profitability ratios.

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Definitions:

Punitive Damages

Damages exceeding simple compensation and awarded to punish the defendant for egregious behavior or acts.

Tort Of Deceit

A civil wrong involving intentional misrepresentation, leading another to suffer damages.

Fraudulent Misrepresentation

A false statement made knowingly or recklessly to induce another party to enter into an agreement, leading to a misleading transaction.

Undue Influence

An improper or unacceptable exertion of pressure or influence on someone, which may affect the decisions and actions of that person.