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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Answer:
c
Step-by-step explanation:
Step-by-step explanation:
Four friends all give each other presents. The total cost of the presents is £80.52. We need to find the mean cost of a present in pounds. So, the mean cost of a present is equal to 20.13 .
Answer:
120/97
Step-by-step explanation:
When you're turning a mixed fraction into an improper fraction, you keep the denominator (bottem number) the same, but you times the numerator (top number) by the whole number (non-fraction number/left number)
6 * 20 = 120
Therefore it should be 120/97
This can not be simplified though (if I recall)