ROE() - Return on equity

Calculates rate of return on equity.

Returns

Double value if successful. If an error occurs, this function returns a zero.

Arguments

Type	Field	Description
double	dNI	Net Income after taxes
double	dEquity	Total shareholders equity

16 bit DLL declarations

PowerBuilder Function declaration

function double ROE(double dNI, double dEquity) library "IFL16.DLL"

Visual Basic Function declaration

Declare Function ROE lib "IFL16" (ByVal dNI As Double, ByVal dEquity As Double) As Double

C/C++ Synopsis

#include "function.h"

double ROE(double dNI, double dEquity)

32 bit DLL declarations

PowerBuilder Function declaration

function double ROE(double dNI, double dEquity) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function ROE lib "IFL32" (ByVal dNI As Double, ByVal dEquity As Double) As Double

C/C++ Synopsis

#include "function.h"

double ROE(double dNI, double dEquity)

Example:

dNI	=	5,270,000
dEquity	=	10,500,000

Result: 0.5019 (50.19%)