Land, a building and equipment are acquired for a lump sum of $1,200,000. the market values of the land, building and equipment are $400,000, $700,000 and $200,000, respectively. what is the cost assigned to the equipment?
(do not round any intermediary calculations, and round your final answer to the nearest dollar.)

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%