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Author Question: The computation of return on equity, or ROE, does not include retained earnings as part of common ... (Read 68 times)

james0929

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The computation of return on equity, or ROE, does not include retained earnings as part of
  common equity because retained earnings includes all net income for the company since its
  inception and analysts are trying to calculate the return for just
 
  the current year.
 
 Indicate whether the statement is true or false

Question 2

A state law that requires individuals who have been involved in an auto accident or who have been convicted for certain vehicle-related offenses to demonstrate the ability to pay liability claims up to a specified dollar amount is called a(n)
 
  A) financial responsibility law.
  B) compulsory insurance law.
  C) unsatisfied judgment fund law.
  D) no pay, no play law.


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yahahah24021

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james0929

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


brbarasa

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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