eturn on equity is net income minus taxes divided by ______.Multiple choice question.common stock outstandingcurrent liabilitiesnet salestotal owners' equity

Return on equity is net income minus taxes divided by ______.Multiple choice question.current liabilitiesnet salescommon stock outstandingtotal owners' equity

Financial statements are prepared in the following order: a. income statement, balance sheet, owners’ equity. b. income statement, statement of owners’ equity, balance sheet. c. statement of owners’ equity, balance sheet, income statement. d. balance sheet, income statement, statement of owners’ equity.

earnings per share is the ratio of net income after taxes to the number of common stock shares outstanding.

Net income divided by average total assets is:Multiple ChoiceProfit margin.Total asset turnover.Current ratio.Days' income in assets.Return on total assets.

Each year, shareholders receive a dividend equal to the firm's net earnings divided by the number of shares of common stock. A. TRUE B. FALSE