The net income and return on equity for the first part for Frenzo will be $100000 and 25%.
<h3>How to calculate the net income?</h3>
The net income and return on equity for the first part will be:
Net income = $100000 - 0 = $100000.
Return on equity = (100000/400000) × 100 = 25%
The net income and return on equity for the second part will be:
Net income = $150000 - $12800 = $137200
Return on equity will be:
= (137200/400000) × 100
= 34.3%
The net income and return on equity for the third part will be:
Net income = ($150000 - 0) = $150000
Return on equity will be:
= (150000/560000) × 100
= 26.8%
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Use the interest formula, fill in the given numbers, and solve for the remaining value.
.. I = Prt
.. 30 = 500*.03*t . . . . . substitute the given values
.. 30/15 = t = 2 . . . . . . . divide by the coefficient of t and evaluate
The time is 2 years.
Well first you multiply 66 by 3 that gives you 198+2=200 so divide 200 divide by 48
I believe the answer would be B, good luck
