Calculate the Return on equity from the following data. OMR Net Profit after Tax 6,00,000 10% Debentures (OMR 10 each) 10,00,000 Equity Share Capital (OMR 10 per share) 10,00,000
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The equity is the sum of the debentures and the equity share capital. Total Equity = Debentures + Equity Share Capital Total Equity = (10% Debentures x OMR 10 each) + (Equity Share Capital x OMR 10 per share) Total Equity = (OMR 10,000,000) + (OMR Show more…
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