CFA Level 1
Financial Reporting and Analysis
Ratio Analysis: Return on Equity
Very Hard Analysis Techniques Ratio Analysis
ABC Corporation has reported the following financial data for the year ending December 31, 2023:
- Total Assets: $500,000
- Total Liabilities: $300,000
- Revenue: $400,000
- Net Income: $80,000
- Shareholders' Equity: $200,000
Given these figures, which of the following financial ratios illustrates the company’s efficiency in generating profit relative to its equity?
Hint
Submitted3.1K
Correct1.9K
% Correct60%