Examlex
Which of the following could NOT explain an increase in the return on equity ratio?
Residual Value
The estimated remaining value of an asset at the end of its useful life, often considered in depreciation calculations and lease agreements.
Estimated Useful Life
The expected period over which an asset is useful to the owning entity and contributes to its income generation.
Delivery Truck
A vehicle used by companies to transport goods, products, or materials from one location to another.
Repairs and Maintenance Expense
Costs incurred to keep property, plant, and equipment in efficient operating condition.
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