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Eduncle Asked an Mcq
March 2, 2020 6:00 pm
  • UGC NET
  • Management

The Total Asset Turnover Ration and Total Assets to Networth Ratio of Kuber Ltd. are 1.75 and 2, respectively. If the Net Profit Margin of this company is 8%. What is the Return on Equity (ROE)?

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  • Eduncle Best Answer

    As per On-Post Analysis
    ROE (Return on Equity) = Net Profit Margin × Asset Turnover Ratio
    × Assets to Turnover Ratio
    = 8% × 2 × 1.75...

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