Which of the following statements about the Return on Equity (ROE) are correct?
1. ROE measures the annual return generated by a company's equity.
2. A higher ROE is always better for shareholders.
3. ROE is influenced by asset efficiency, profitability, and financial leverage.
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
All of the above
5
None of the above