I would say a just to make sure he is making a right chocie
Control is the right answer to keep things on track
Answer:
A. 29.6%
Explanation:
Return on Equity is the times of profit a owner can earn on the equity investment in the business. Higher ratio shows the business is more profitable.
As per given data
Net Income = $36,610
Average Equity = $123650
Return on Equity ( ROE ) = Net Income / Equity Investment
Return on Equity ( ROE ) = $36,610 / $123650
Return on Equity ( ROE ) = 0.296
Return on Equity ( ROE ) = 29.6%
What do you mean do you have a better example..? But usually some jobs don’t ask
Answer:
a.
$52,200
b.
$51,156
Explanation:
Note are issued n the face value or the discounted value. When price of the note is the same as face value then it is known as issued on par/face value.
When price of the note is the lower as face value then it is known as issued on discounted value.
a.
Proceeds from the note issued is the price of the note at which it is issued. As the note is issued on the face value of $52,200, so the proceeds is the same value.
b.
Discount value = $52,200 x 12% x 60/360 = $1,044
Proceeds = Face value of the note - Discount on the note = $52,200 - $1,044 = $51,156
