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Rumpes Ltd has a return on assets of 6,0% and the total assets for the given year are R3 500 000, while ordinary shareholders equity
Rumpes Ltd has a return on assets of 6,0% and the total assets for the given year are R3 500 000, while ordinary shareholders equity is R1 500 000. What is the company's return on equity (ROE)? a. 1,40% b. 9,80% c. 18,20% d. 14,00%
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Introduction to Managerial Accounting
Authors: Peter C. Brewer, Ray H Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan
4th Canadian edition
978-1259103261
