Elyse Wants to Calculate Her Return on Equity but Has

question 32

Multiple Choice

Elyse wants to calculate her return on equity but has forgotten the formula.You tell her that return on equity equals

• A)net income divided by owners equity.
• B)owners equity divided by net income.
• C)total assets divided by owners equity.
• D)owners equity divided by total assets.

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Definitions:

Like Terms

In algebra, like terms are terms that contain the same variables raised to the same power, allowing them to be added or subtracted.

Simplify

The process of making a situation, equation, or expression less complicated or easier to comprehend.

Imaginary Numbers

Complex numbers that have a real part of zero and an imaginary part that is not zero, represented as multiples of the square root of -1.

Complex Numbers

Numbers consisting of a real part and an imaginary part, usually expressed in the form a + bi, where 'a' and 'b' are real numbers and 'i' is the square root of -1.