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How to calculate the average shareholder's equity?

We get the conclusion from a website: ROE and ASE The average shareholders' equity calculation is the beginning shareholders' equity plus the ending shareholders' equity, divided by two. The resulting …
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How to calculate the average shareholder's equity?

The average equity is the four continious quarter shareholders' equity,the concept of ttm. For aapl's 2022 year 3 quarter: average equity = (50.67+58.11+67.4+71.93)/4 = 62.0275 roe = net income /aver …
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