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20 September, 08:48

Baldwin has a ROE of 0.28 (ROE = Net income/equity). That means: Select: 1 a) Baldwin earns $0.28 for each dollar invested by shareholders. b) Baldwin earns $0.28 per share for common stock held by shareholders. c) Baldwin earns $0.72 for each dollar invested by shareholders. d) Baldwin earns $0.72 per share for common stock held by shareholders.

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  1. 20 September, 10:50
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    correct option is a) Baldwin earns $0.28 for each dollar invested by shareholder

    Explanation:

    given data

    ROE = Net income / equity

    ROE = 0.28

    to find out

    what is mean of ROE

    solution

    as we have given ROE = 0.28

    so here ROE is show that profitability of any company

    like as that how many dollars of profit a company generates with each dollar of equity shareholders

    so here correct option is a) Baldwin earns $0.28 for each dollar invested by shareholder
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Home » Business » Baldwin has a ROE of 0.28 (ROE = Net income/equity). That means: Select: 1 a) Baldwin earns $0.28 for each dollar invested by shareholders. b) Baldwin earns $0.28 per share for common stock held by shareholders. c) Baldwin earns $0.
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