When Calculating Return on Total Equity, It Is Normal to Add

question 69

True/False

When calculating return on total equity, it is normal to add back preferred dividends to net income.

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Definitions:

Social Development

The process by which individuals learn the values, norms, and behaviors required to interact effectively within their society.

Conventional

Reflecting or pertaining to societal norms, standards, or attitudes that are widely accepted and practised.

Obligation

A duty or commitment to perform or refrain from performing some action.

Recreational Drugs

Substances used primarily for leisure or pleasure rather than for medical reasons, often leading to altered states of consciousness.