The followings are the excerpts from the profit and loss account and the balance sheet of PL
Question:
The followings are the excerpts from the profit and loss account and the balance sheet of PL Limited for the year ended 31stMarch 2016 and 2017.
1. Compute the net margin ratio, earnings per share and return on equity of the company for the two years.
2. Has the performance of the company improved or declined?
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