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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
  • 1 answers

Chirag Lakhotia 1 year, 4 months ago

Profit after tax=92000 ROE =3.67
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