Return on equity helps measure the profits earned using the capital provided by the shareholders of a firm, or in other words we can say that ROI measures the effectiveness with which a company uses the assets to create profits. To calculate: The return on equity for previous and current year and comment on the same.

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Chapter 13, Problem 2.4GAP

To determine

Introduction:

Return on equity helps measure the profits earned using the capital provided by the shareholders of a firm, or in other words we can say that ROI measures the effectiveness with which a company uses the assets to create profits.

To calculate:

The return on equity for previous and current year and comment on the same.

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