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Needham pharmaceuticals has a profit margin of 3 percent and an equity multiplier of 2.0 its sales are 100 million and it has total assets of 50 million what is its roe?
ROE= profit margin × total assets turnover × equity multiplier ROE= ( Net income / sales ) × ( sales / total assets ) × ( total assets / common equity ) ROE= 3% × ( 100/50)×2 ROE = 3% × 4 = 12 %
A bank that has liabilities of 150 billion and a net worth of 20 billion must have?
Assets of $170 billion
Forward contracts are zero-sum games explain?
Forward is a contract of underlying assets including time period,rate and other logical conditions between buyer and seller for future periods.Here one party gains other party losses.The gain of one party is the loss of other party.Reversely,the loss of one party is the gain of other party.Here we see that net domestic income is zero. For this reason, forward contract is called zero sum contract.
If you earn 29000.00 what is the net?
The net gain, or net loss is equal to the amount you spend - the amount you earn. So, If you spend 18000.00, the net is 10000.00. The net gain, or net loss is equal to the amount you spend - the amount you earn. So, If you spend 18000.00, the net is 10000.00.
What is the important reason for know the approximate difference between gross pay and net pay?
The difference isn't approximate. Gross pay is how much in total you have been paid. Net pay is the amount of money you have left after spending it. So for example, Your Gross pay each year is $200,000 but after taxes, bills, fun, and luxuries your net pay is $12,000 a year.
