Question
What is the Return on Equity (RO
- E of the company? Share Capital = Rs. 5,00,000 | Reserves & Surplus = Rs. 7,00,000 | Long-term Debt = Rs. 4,80,000 Fixed Assets (Net) = Rs. 10,00,000 | Net Working Capital = Rs. 6,80,000 | Net Sales = Rs. 24,00,000 Gross Profit Margin = 25% of Net Sales | Net Profit after Tax = Rs. 2,40,000
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