Net Income Plus Preferred Dividends Divided by Average Common Equity

question 48

True/False

Net income plus preferred dividends divided by average common equity is referred to as rate of return on common equity.

---

Definitions:

Oceanic Plateau

Underwater volcanic regions characterized by flat-topped mountains or plateaus, resulting from extensive eruptions of basaltic lava.

Island Arc

A curved chain of volcanic islands located along a subduction zone, formed by the rising magma from the descending tectonic plate.

Terranes

Distinct pieces of the crust that have been attached to a continent but originated elsewhere.

Sedimentary Unit

A sedimentary unit is a distinct layer of sedimentary rock with identifiable characteristics and depositional history, making it recognizable and distinguishable from other layers.