Question: Please show your working and explain the reasoning for your answer. Gygax RPG Ltd Statement of Financial Performance for the year ended June 30, 2020
Please show your working and explain the reasoning for your answer.


Gygax RPG Ltd Statement of Financial Performance for the year ended June 30, 2020 Gygax RPG Ltd Statement of Financial Position as at June 30, 2020 ($000s) Owners' Equity Shareholders' funds NPAT Total owners' equity ($000s) 2720 $ 140 ($000s) $ 3,756 $ 2,453 $ $ 613 $ 60 $ 140 490 Sales Cost of goods sold Depreciation expense Interest expense Tax expense NPAT 2860 Assets Cash Accounts receivable Inventory Trademarks and brands Plant and equipment Total assets 106 192 368 100 5354 6120 Liabilities Accounts payable Overdraft (short term) Long term debt Total liabilities 144 1039 2077 3260 2860 Calculate the return on equity for the entity. Comment on the ROE. What other information would you want in order to decide whether this is an acceptable result or not? A B IT III 013 U S X2 x2 = = = E E ml ! I 6 1 GO >
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
