Gefilte Fish Corporation earned a profit in 2018 and retained some of its earnings. It makes no other changes and earns the same profit in 2019. Which of the following is correct for this year?
a) return on equity is higher, earnings per share lower
b) both higher
c) both lower
d) return on equity lower, earnings per share higher
e) return on equity lower, earnings per share unchanged
Ans: e) return on equity lower, earnings per share unchanged
Business
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