Adams operates his $57500 firm using his own equity. Bob operates his firm with $28750 of his own money plus $28750 of debt at a cost of 5 percent interest. Calculate Adams's and Bob's return on equity if their respective businesses produce earnings before interest and tax of $7000. Assume perfect markets.
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Business, 21.06.2019 18:10
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Business, 21.06.2019 20:30
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Business, 21.06.2019 20:40
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Business, 22.06.2019 05:00
Which of the following are considered needs? check all that apply
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Adams operates his $57500 firm using his own equity. Bob operates his firm with $28750 of his own mo...
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