return on owners equity for that question (1 Viewer)

[vas]

actually u could work out a profitibility ratio from the info given...the bord were just trying tol be dicks

u could work out the return on owners equity........u work out the net proit then u work out the owners equity.......


assets=liabilities + owners equity

and such and such

 

[chris42]

check out the thread... 'was it even'.. talks more about it.

http://www.boredofstudies.org/community/showthread.php?s=&threadid=17865

 

[shazabdazla]

vas....return on owners equity is net profit divided by sales .....so you have to work out net profit...

if you read net profit to = sales - expenses, then net profit ratio is net profit divided by sales.....

is that what you said, that net profit = sales - exp.....i think that question was really ambiguous...they should ask clearly/.....stooopib bos...