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You have a parlour. You spent …

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You have a parlour. You spent rupees 5 lac to open the parlour of which you invested 3 lac of your own money and borrowed a loan for rupees 2 lakh intrest per annum is 4% . Sales revenue per month is Rs 35000 cost of good sell is rupees 10000 per month fixed expenses per month is 15000 depreciation rupees 1000 and tax rate is 8%. Calculate ROE

Posted by Ayushka Chorashe 3 years, 6 months ago

CBSE > Class 12 > Entrepreneurship

1 answers

Chirag Lakhotia 2 years, 9 months ago

Profit after tax=92000 ROE =3.67

ANSWER

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