Post Utme Veritas University 2021 Accounting Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2021 Accounting Objective / Multiple Choice
Question 40 POST_UTME_VERITAS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's statement of profit or loss for the year ended December 31, 2020, is presented below. Calculate the return on equity (ROE) for the year.

Answer Options

A. 20%
B. 25%
Correct Answer C. 30%
D. 35%
Correct Answer
C
Correct Option:
30%

About This Question

This is Post Utme Veritas University 2021 Accounting Question 40. It is one of the objective questions from the 2021 Post Utme Veritas University Accounting examination.

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