Answer:
13.42%
Explanation:
The computation of return on equity is shown below:-
Debt = Assets × ( Debt to assets ratio)
$155,000 × 37.5%
= $58,125
Equity = Total Assets - Debt
= $155,000 - $58,125
= $96,875
Old Return on equity = Old Net Income ÷ Equity
=$20,000 ÷ $96,875
= 20.64%
New Return on equity = New Net Income ÷ Equity
= $33,000 ÷ $96,875
= 34.06%
Increased in Return on equity = New Return on equity - Old Return on equity
= 34.06% - 20.64%
= 13.42%
I believe that the answer is D. That he should become knowledgeable about smart ways to save and about car loans
Answer: D.) Allocate money to programs and projects
Explanation: just took the test. Quizlet.
Answer:
Christie Koorts the Chief Information Officer, Justin Crowhurst the Chief Financial Officer Woolworths, and Charmaine Huet the Chief Marketing Officer.
