Business, 14.07.2019 08:00, prettyprincess9643
If employees pay the same percent of their income to the government no matter how much they make, this is known as?
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Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%
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Business, 22.06.2019 20:30, joaquin42
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