FRReturnOnEquity

FRReturnOnEquity(Number netProfit, Number totalEquity)

This function returns the results of return on equity.

Parameters

• netProfit - A Double value indicating the net profit.
• totalEquity - A Double value indicating the total equity.

Return value

The return value is a Number.

Example

If the net profit is 300000.00, the total equity is 215000.00, the return value of the following statement is 1.40.

FRReturnOnEquity(300000.00, 215000.00)