Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 30, 2020

Given that assets Rs.20, 00, 000. Tax Rs. 25,000 Profit before tax Rs. 2,25,000 Net worth Rs. 10,00,000 What is the Return on Equity

Given that assets Rs.20, 00, 000. Tax Rs. 25,000 Profit before tax Rs. 2,25,000 Net worth Rs. 10,00,000 What is the Return on Equity (ROE)?

Step by Step Solution

★★★★★

3.60 Rating (164 Votes )

There are 3 Steps involved in it

Step: 1

i Profit after tax Rs 225... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting in an Economic Context

Authors: Jamie Pratt

8th Edition

9781118139424, 9781118139431, 470635290, 1118139429, 1118139437, 978-0470635292

More Books

Students also viewed these Finance questions

Question

★★★★★

A bond pays $1000 interest at the end of every year for the next 30 years. What is the current economic value of each of the 15th and 30th payments if we discount the payments at: a. 5% compounded...

Answered: 1 week ago

Question

★★★★★

A bond pays $1000 interest at the end of every year for the next 30 years. What is the current economic value of each of the 15th and 30th payments if we discount the payments at a. 4% compounded...

Answered: 1 week ago

Question

★★★★★

Paul invested $800 at the end of every month into an investment fund that was earning interest at 4.86% compounded monthly. He stopped making regular deposits at the end of 7 years when the interest...

Answered: 1 week ago

Question

★★★★★

When Ralph Lauren makes shirts to a customers exact preferences, what utility is provided?

Answered: 1 week ago

Question

★★★★★

Write the empirical (or molecular) formulas of compounds that the elements in the third period (sodium to chlorine) should form with (a) Molecular oxygen and (b) Molecular chlorine. In each case...

Answered: 1 week ago

Question

★★★★★

Question in Chemical Engineering Don t Answer If u Don t know Compulsory I will give multiple dislikes 1 3 0 8 .

Answered: 1 week ago

Question

★★★★★

5. In what ways can Casey Yost avoid writing objectives that are too general?

Answered: 1 week ago

Question

★★★★★

If a mutual funds net asset value is $23.40 and the fund sells its shares for $25, what is the load fee as a percentage of the net asset value?

Answered: 1 week ago

Question

★★★★★

Explain the classical multiprocessing technique (only processes) and modern multithreading techniques (process and base thread). What is the relationship between a process and threads?

Answered: 1 week ago

Question

★★★★★

A youth soccer club has contracted with Holiday Helpers, a local travel agency, to broker hotel rooms for out-of-town teams that have entered the club's Labor Day weekend soccer tournament. The...

Answered: 1 week ago

Question

★★★★★

The Thompson Corporation, a manufacturer of steel products, began operations on October 1, 2019. The accounting department of Thompson has started the fixed-asset and depreciation schedule presented...

Answered: 1 week ago

Question

★★★★★

Add Assigned Service Industry Recent labor productivity, unit labor costs, and related data Employment (thousands) Percent change: INSERT YEARS Labor productivity Unit labor costs Output Hours worked...

Answered: 1 week ago

Question

★★★★★

c). You want to write a simple model to understand some of the determinants of the likelihood of getting unemployed during an upcoming economic recession. Assume you have the following information...

Answered: 1 week ago

Question

★★★★★

In today's increasingly VUCA (Volatile, Uncertain, Complex and Ambiguous) world, it is important for firms to be able to quickly and accurately adapt to shifts in the marketplace or changes in...

Answered: 1 week ago

Question

★★★★★

Concept of Value Chain. The phrase "value chain" refers to all of the commercial activities and procedures that go into making a product or providing a service. A value chain can include all stages...

Answered: 1 week ago

Question

★★★★★

Calculate the following expressing all answers in lowest terms: 1. 777 = 2. 3 3-3 3. Find the first derivative: f(x) = 4x + 7 4. Find the first derivative: h(x) = 2 5. Find the first derivative: g(x)...

Answered: 1 week ago

Question

★★★★★

Here is your inscription ( a shortened form of a real Roman grave inscription, Corpus of Latin Inscriptions 6 . 1 8 1 3 1 ) . Using the guides provided, "translate" the inscription fully ( including...

Answered: 1 week ago

Question

★★★★★

Experiment: Tossing four coins Event: Getting three heads Identify the sample space of the probability experiment and determine the number of outcomes in the event. Draw a tree diagram when...

Answered: 1 week ago

Question

★★★★★

Wharton Company is planning to make the following investments. 1. $1,000 at the end of each year for five years at a 10 percent annual rate. Wharton Company will leave the accumulated principal and...

Answered: 1 week ago

Question

★★★★★

The following financial information below was taken from the records of White Bones, Inc. a. How much cash was collected on the sale of equipment during 2011?b. Reconstruct the entry that recorded...

Answered: 1 week ago

Question

★★★★★

A summary of the 2011 balance sheet of Alsop, Ltd., follows: On January 1, 2011, Alsop acquired 100 percent of the outstanding common stock of Martin Monthly for $62,000 cash. At the time of the...

Answered: 1 week ago

Question

★★★★★

A magazine company is planning to survey customers to determine the proportion who will renew their subscription for the coming year. The magazine wants to estimate the population proportion with 95%...

Answered: 1 week ago

Question

★★★★★

A decision maker is interested in estimating a population proportion. A sample of size n 150 yields 115 successes. Based on these sample data, construct a 90% confidence interval estimate for the...

Answered: 1 week ago

Question

★★★★★

A random sample of size 150 taken from a population yields a proportion equal to 0.35. a. Determine if the sample size is large enough so that the sampling distribution can be approximated by a...

Answered: 1 week ago

Previous Question Next Question