While calculating ROE do we take denominator as opening shareholders fund or closing shareholders fund or their average.
The question says :
Earnings during the year 195
No dividends distributed
Balance sheet totals:
2020
Assets-1580
Liabilities - 600
Paid up capital - 745
Retained earnings - 235
2021
Assets-1920
Liabilities - 745
Paid up capital - 745
Retained earnings - 430
Please help
Menu
Calculating ROE
Replies (1)
Return on equity.
Recent Topic
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
Related Topics
CAclubindia
