2 years ago

Baldwin has a roe of 0.23 (roe = net income/equity). that means:

1 answer:

5 0

<span>Baldwin has a ROE of 0.23 (ROE = net income/equity). that means: Baldwin has an return on equity of 23%. The ROE is the amount of net income that is </span>returned as a percentage of shareholder quality. ROE and this equation shows the corporations profitability but showing how much profit they have with the money that is invested by shareholders.

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