Answer:
23
Step-by-step explanation:
The word decreased indicates the use of subtraction, so to figure out our answer we do the opposite, -1 + 24 = 23, after that we then subtract, 23 - 24 = -1, there for your answer should be 23 - 24 = -1, or more simply the number that has to be decreased to make the statement true is 23
<span>Given:
Net profit before tax = $208,000
Total equity = $500,000
Total assets = $330,000
Total liabilities = $150,000
Current assets = $64,000
Current liabilities= $45,000
Return on Equity = Net Income / Shareholder's equity = 208,000 / 500,000 = 0.416 or 41.6%.
Return on Assets = Net Income / Total Assets = 208,000 / 330,000 = 0.63 or 63%
Debt ratio = Total Liabilities / Total Assets = 150,000 / 330,000 = 0.4545 or 45.45%
Debt to equity ratio = Total liabilities / Total Equity = 150,000 / 500,000 = 0.30 or 30%
Current ratio = Current Assets / Current Liabilities = 64,000 / 45,000 = 1.42</span>
Answer:
N = 24
Step-by-step explanation:
24 - 4 = 20
