Return on owners equity (1 Viewer)

[1harkina]

Is 440% or $4.40 profit per $1 owners equity acceptable or am i using the wrong figures......

its net profit /owners equity x 100

im using revenue from sales of goods 54,217,000 and total equity of 12,305,000

does it seem rite ????

Anna

 

[1harkina]

THank you that was heaps helpful

anna

 

[1harkina]

hey

I figured it out the financial statements printed out funny and the numbers werent aligned properly...arghhhhh

ended up to be

net profit 616.500 and owners equity of 4,083.200 ended up getting 15 percent

thanks 4 your help

anna

 

[1harkina]

Better start analysing it now lol
have a good day
cant wait till this yr is OVER