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Calculate return on equity ratio for both years separately

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Reference no: EM132591225

Question - How of calculate return on equity ratio of year 2017 and 2016?

If following data is provided

Profit for the Year

$1000008 2017

$1209503 2026

Liabilities

Issued Capital (Shares of Rs.10 each)

$979003 2017

$979003 2016

Reserves

Capital

$46097 2017

$46097 2016

Revenue

$ 2664173 2017

$3216786 2016

Total Equity

$ 3689273 2017

$4241886 2016

Non-Current Liabilities

Deferred Taxation

$110414 2017

$44100 2016

Current Liabilities

Trade and Other Payable

$881681 2017

$749439 2016

Total Equity and Liabilities

$4681368 2017

$5035425 2016

Calculate Return on equity ratio for both the years separately.

Reference no: EM132591225

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