1.

From the following information obtained from the financial statements of Bites Ltd., calculate Return on Equity.Net Income earned - ₹ 10,00,000Equity- ₹ 5,00,000

Answer»

Return on Equity= Net Income/Equity × 100

= 10,00,000/5,00,000 × 100

= 200 %



Discussion

No Comment Found

Related InterviewSolutions