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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.
- sales
- gross profit margin
- total assets
- owner's equity.
Expert's answer
4. owner's equity.
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