Question
13) Fund Management Efficiency Ratio = Total Assets/Total Equity Capital a) explain the ratios and what happened from 2017 to 2019 2019 RM000 2018 RM000
13) Fund Management Efficiency Ratio = Total Assets/Total Equity Capital
a) explain the ratios and what happened from 2017 to 2019
| 2019 RM000 | 2018 RM000 | 2017 RM000 | |
| Total Asset | 42,429,819 | 49,130,609 | 48,972,650 |
| Total Equity | 8,412,097 | 7,920,944 | 7,504,447 |
| Fund Management Efficiency Ratio | 42,429,8198,412,097x 100% = 504.39% | 49,130,6097,920,944x 100% = 620.26% | 48,972,6507,504,447x 100% = 652.58% |
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Intermediate Financial Management
Authors: Eugene BrighamPhillip Daves
1st Edition
0324594712, 9780324594713
