Yes reserve is part of equity as it is created from net income and net income is part of equity as well.

Current income = ending equity - opening equity

current income = 1.98 - 1.38

Current income = 0.6 million

this ratio shows how much income is generated by equity of the company. it is a great contributor towards profitability of a company. return on equity is calculated as follows:

return on capital employed (ROCE) is net income/(debt&equity) whereas return on equity is income/equity (without debt).

If they have enough equity in the property and have enough income to take on more debt.

If they have enough equity in the property and have enough income to take on more debt.

If they have enough equity in the property and have enough income to take on more debt.

If they have enough equity in the property and have enough income to take on more debt.