- An alternative approach to evaluating return on equity (ROE) to provide further insight than just the standard ROE measure
- Splits the traditional ROE ratio into three components: profit margin, asset turnover, and financial leverage
- Favorable: higher result
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Learn financial accounting using beautifully illustrated flashcards, coordinated lessons, and rich audio. Whether you are an aspiring CPA or IFRS expert, use this accountancy app to reach your goals. Even an aspiring chartered accountant or those reaching for the CPA Australia can benefit. Topics of accounting standards, equation, terms, ratios, and more are covered.
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