Thermacorp's 17.3% ROE is an example of a(n) ________ ratio.
A) liquidity
B) profitability
C) activity
D) leverage

Name: Thermacorp's 17.3% ROE is an example of a(n) ________ ratio. A) liquidity B) profitability C) activity D) leverage
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

ROE stands for return on equity, which is a profitability ratio that measures the amount of profit a company generates for each dollar of shareholders' equity. Therefore, Thermacorp's 17.3% ROE is an example of a profitability ratio.