Reading 17 exhibit 34 RoAE and PORoAE
Hi, maybe because its past midnight and have been grinding the books lately. I don’t understand the chart.
How is it possible to Have a return on average equity at 12.20% and pretax operating return on average equity of 9.00%?
I mean, shouldn’t the pretax be higher by law?
Edit: its on page 277 of CFAI
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