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return on owners equity for that question (1 Viewer)

vas

New Member
Joined
Sep 12, 2003
Messages
16
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
 

shazabdazla

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Joined
Oct 26, 2003
Messages
186
Location
www.fattyfatty.com
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...
 

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