Author Question: Bill's Bike Shop has a return on assets of 12. Anton's assets = 100 while Anton's owner's equity = ... (Read 48 times)

natalie2426 · **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