Answer:
B. Return on Equity = 3.17%
Explanation:
The return on common stockholder's equity is a profitability measure showing how much net return the company is providing on the equity invested by shareholders.
The equity of common stockholders is made up of Share capital and reserves. The common shares is just one part of equity.
To calculate the return on equity, the formula is:
Return on Common Equity = Net Income / Shareholder's Equity
Here, the Net income is 665 m while the shareholder's equity is 18000m.
Return on equity = 665 / 18000 = 0.0369 or 3.69% rounded off to 3.7%
So, B is the correct answer
Answer:
The total amount that Rahul owes the bank at the end of the loan's term is $18,455.61
Explanation:
Hi, in order to find the total amount that Rahul will owe the bank in 3 months, we need to use the following formula (this is for a compounded daily rate).
Where:
r = compounded rate (in our case, 10% compounded daily)
n = time in months of the loan
PresentValue = $18,000
Everything should look like this.
So, the total amount that Rahul owes the bank at the end of the loan's term is $18,455.61
Best of luck
Answer:
Option (B) is correct.
Explanation:
Given that,
Percentage increase in price = 5%
Percentage decrease in quantity demanded = 15%
Therefore,
= 3.0
Hence, elasticity of demand facing Billy Bob's Barber Shop is 3.0
Explanation:
Five phases guide the new product development process for small businesses: idea generation, screening, concept development, product development and, finally, commercialization.
The higher the supply the lower the price will be and the higher the demand the higher the price will be. This means that they have an inverse relationship. In short, the more you need something the more you're willing to pay for it, and the less you need it the less you want to pay, and this is basically how the economy works when producing and selling.
