Definition
A method of breaking down Return on Equity (ROE) into three components: ROE = Profit Margin × Asset Turnover × Equity Multiplier. Helps identify why ROE is high or low.
A method of breaking down Return on Equity (ROE) into three components: ROE = Profit Margin × Asset Turnover × Equity Multiplier. Helps identify why ROE is high or low.
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