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Calculate the return on owners equity for 2018

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Reference no: EM132322356

Question

Using the following information provided to you by Pop Top Caravans, calculate the return on owner's equity for 2018 (express as a percentage to decimal places):

Gary White, capital 30 June 2018 $ = 63,707

Gary White , capital 31 December 2017 $ = 71,058

Gary White , capital 30 June 2017 $ = 75,235

Net Income for year ended 30 June 2018 $ = 46,667

Reference no: EM132322356

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