RENTAFI has a net income of 142943 euros. It has 100,000 shares outstanding at a unit price

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RENTAFI has a net income of 142943 euros. It has 100,000 shares outstanding at a unit price of 12 euros. Its Price to Book ratio is 1.5. What is its financial profitability (ROE)?

Posted Date: May 15, 2024 11:08 AM

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RENTAFI has a net income of 142943 euros. It has 100,000 shares outstanding at a unit price

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To calculate the Return on Equity ROE we need to first calcula... View the full answer

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