A company provided the following information:
There was no change in contributed capital and there were no dividends declared in the current year.
Required:
Calculate the return on equity ratio.

Question

A company provided the following information:
  There was no change in contributed capital and there were no dividends declared in the current year.
Required:
Calculate the return on equity ratio.

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The Answer of A company provided the following information:
  There was no change in contributed capital and there were no dividends declared in the current year.
Required:
Calculate the return on equity ratio.

A Company Provided the Following Information