Income from Subsidiaries
When we calculate ROR, we include income from subsidiaries.
If the subsidiaries had a loss, would this still be added, thus decreasing ROR?
Also for ROE, does it include income from subsidiaries as well?
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When we calculate ROR, we include income from subsidiaries.
If the subsidiaries had a loss, would this still be added, thus decreasing ROR?
Also for ROE, does it include income from subsidiaries as well?
Comments
Correct for your first point.
For the second point it doesn't say in the MSA report so you can just state your assumptions and either will be accepted