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

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Gia Krueger

Business

2 April, 00:36

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

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Hanna Ashley · Answer 1

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 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.