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Advance Auto Parts: A Decade of High Return on Equity
2014-09-04 16:19:08| Auto Parts - Topix.net
In this article, letA s see one of the most important financial ratios applying to stockholders, the best measure of performance for a firm's management: the Return on Equity , and we are going to analyze it in the case of Advance Auto Parts Inc. . ROE is calculated as net income applicable to common shares divided by the average book value of common equity: ROE = Net Income / Av.
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Category:Automotive