All other things equal,the higher the Return on Equity ratio the better the financial performance of the company.

Name: All other things equal,the higher the Return on Equity ratio the better the financial performance of the company.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

A higher Return on Equity (ROE) ratio indicates that the company is generating more profit with the shareholders' investment, making it a measure of financial performance. Therefore, a higher ROE is generally considered favorable.

All Other Things Equal,the Higher the Return on Equity Ratio