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A company has the following financial information for the year ending 31 December 2020: Profit before tax $150,000 Profit after tax $100,000 Total Equity (on

A company has the following financial information for the year ending 31 December 2020: Profit before tax $150,000 Profit after tax $100,000 Total Equity (on 1 January 2020) $500,000 Total Equity (on 31 December 2020) $800,000

(a) 15.38%.

(b) 23.08%

I have found the answer tyty

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