The formula for return on equity (ROE) is ______?

ایکویٹی (آر او ای) پر واپسی کا فارمولا ______ ہے؟

Operating profit ÷ Total revenue

Net income + Total assets

Net income ÷ Shareholders’ equity

None of these

Return on Equity (ROE) measures how effectively a company uses shareholders’ funds to generate profit.

It is calculated as Net income divided by Shareholders’ equity.