Question

A property's return on equity ratio is 28 nd generates a cash flow of $70,000. how much equity does the owner have (to the nearest hundred)?

Answer 1

A property's return on equity ratio is 28% and generates a cash flow of $70,000. The equity the owner have (to the nearest hundred) is $250,000.

In finance, the term equity is used to refer to the ownership of assets which have debts or other liabilities linked to them. It is measured for accounting purposes. This involves subtracting liabilities from the value of the assets.

Assets is a term for the items your company owns which provide future economic benefit. Liabilities are the things that an owner owes to others

In short, assets put cash in your pocket, and liabilities put cash out.

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