div decisn
navin gupta (article) (91 Points)
13 April 2018navin gupta (article) (91 Points)
13 April 2018
Sheetal Jain
(.)
(894 Points)
Replied 13 April 2018
r has been calculated by using the formula as under:
Return on Equity (r)
=Total Earnings available for Equity Shareholders * 100
Total Equity Shareholders' Fund
i.e 200000/2000000*100=10%