The firm's ROE is 4.8%.
<h3>What is the ROE?</h3>
The return on asset is an example of a profitability ratio. Profitability ratios measure the ability of a firm to generate profits from its asset
Return on equity = net income / average total equity
Return on assets is the ratio of net income and average total asset.
Return on assets = net income / average total asset
The debt ratio is the ratio of average total asset and average total equity.
Return on equity = return on asset x debt ratio
16% x 30% = 4.8%
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1.A.The mission of the System
2.C.Losses
3.B.Operational Characteristics
Answer:
The advantages of using secondary data are several, but its main advantage is that it is the cheapest way to gather large sets of information. A lot of secondary data is available on the internet, so it is time saving. Using secondary data saves work, efforts and money.
We can also use secondary data to determine more specifically which primary data we need to gather, again saving resources.
Answer:
<h2>There is a negative relationship between the price of a good or service and the quantity producers will supply.</h2>
Explanation.
If the prices decreases is because demand is high, which means that there're plenty products in the market, too much offer.
So, in order to attend costs, companies have to find a way to innovate and offer product in alternative markets.
That's why price of services and the quantity of producers have a negative relationship.