Question

you have started a beauty parlour business you spend rupees 1500000 to open the parlour of which you invested rupees 100000 0 of your own money and borrowed a loan for rupees 500000 interest rate per annum is 4% sales revenue per month is rupees 350000 cost of goods sold is rupees 100000 per month fixed expenses per month is rupees 15000 salary 7000 rent and utility 8000 depreciation rupees 1000 and tax 8% calculate the return on equity and return on investment​

Answer 1

Answer:

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