Which of the Following Is the Correct Formula to Calculate $\div$

question 127

Multiple Choice

Which of the following is the correct formula to calculate ROE?

• A) ROE = EBT \(\div\) Equity
• B) ROE = EBIT \(\div\) Equity
• C) ROE = Net income \(\div\) Equity
• D) ROE = Gross profit \(\div\) Equity

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Definitions:

Total Number

The aggregate count or sum of all units or elements within a specified set or collection.

Data Set

A collection of related data points or values that have been gathered to be analyzed or used as a basis for decision-making.

Cumulative Relative Frequency

A calculation used in statistics to summarize data by accumulating percentages of observations in ascending order.

Proportion

A part or fraction of a whole, often expressed as a percentage or decimal.