Formula for Calculating ROE is :1$\frac{Net\,Income}{Income-Tax}×100$2$\frac{Net\,Income}{Debt+Equity}×100$3$\frac{Net\,Income}{Equity}×100$4$\frac{Net\,Profit}{Total\,Capital\,Invested}×100$Answer & explanation+Correct answer: option 3ROE = $\frac{ Net\, Income}{Equity}×100$