Answer to Question #227595 in Finance for Fisiwe Shezi

Question #227595

Rapula is the financial manager of Plastic Fantastic, a plastic container manufacturer. While doing the financial statement's, Rapula will need to calculate the return on owner's equity (ROE). In addition to net profit, Rapula will also require______ in order to calculate this ratio.

  1. sales
  2. gross profit margin
  3. total assets
  4. owner's equity.
1
Expert's answer
2021-08-20T04:35:01-0400

4. owner's equity.


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