profit for the year $33,000 and equity is $158,000. what is the return on it. calculate it

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profit for the year $33,000 and equity is $158,000. what is the return on it. calculate it and find the return.

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International Financial Reporting A Practical Guide

ISBN: 978-1292200743

6th edition

Authors: Alan Melville

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Posted Date: Mar 21, 2024 11:47 PM

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profit for the year $33,000 and equity is $158,000. what is the return on it. calculate it

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The return youre likely looking for is the Return on Equity ROE This ratio meas... View the full answer

International Financial Reporting A Practical Guide

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