An increase in which of the following will increase the return on equity, all else constant? I. sales II. net income III. depreciation IV. total equity

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 19MCQ
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An increase in which of the following will increase the return on equity, all else constant?

I. sales
II. net income
III. depreciation
IV. total equity

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