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2.2 SPP Enterprises provide you with the following information: (9) Total liabilities: R 3000 000 Total assets: R4 200 000 8% preference shares: R250 000

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2.2 SPP Enterprises provide you with the following information: (9) Total liabilities: R 3000 000 Total assets: R4 200 000 8% preference shares: R250 000 Net profit after tax: R280 000 Use the information provided and calculate the: Return on total equity ratio Return on common equity ratio

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