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Calculate the return on owner equity as a percentage

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Reference no: EM132726486

Question - The following data relates to Centaurus Co for the year ended 31/12/2019.

Net Income $74680,

Owner's Equity 1/4/2019 = $842,000 and Closing Owner's Equity at 31/3/2020 = $883,000

Required - Calculate the return on owner's equity for 2019 as a percentage?

Reference no: EM132726486

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