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Author Question: Bill's Bike Shop has a return on assets of 12. Anton's assets = 100 while Anton's owner's equity = ... (Read 119 times)

natalie2426

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on: Jul 11, 2018
Bill's Bike Shop has a return on assets of 12. Anton's assets = 100 while Anton's owner's equity =
  40 and its debt equals 60. What is Bill's return on equity?
 
  A) 20 B) 30 C) 12 D) 18

Question 2

As the required rate of return of an investment decreases, the market price of the investment
  decreases.
 
  Indicate whether the statement is true or false


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onowka

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Reply #1 on: Jul 11, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


natalie2426

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

bblaney

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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