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Commerce · Q1509

Accounting

Graduate and Post Graduate · Commerce · question 1509

Q1509

When net profit is Rs. 2,25,000; taxes Rs. 25,000 and net worth Rs. 10,00,000 what is the rate of return on shareholder's equity?`

A.
22.5%
Answer
B.
20%
C.
25%
D.
Cannot be calculated

Answer: Option A

Solution

Answer: Option A
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