Question: All other things being equal, an increase in Blackfly Ltd.'s income statement at the end of the year shows that sales revenue for the company
All other things being equal, an increase in Blackfly Ltd.'s income statement at the end of the year shows that sales revenue for the company was $900,000. Its operating expenses were $750,000. Interest on the company's debts was $20,000. Taxes were $30,000. Assets are $900,000, and equity is $600,000. The return on equity (return on investment) is ____________. Question 18 options: 141.7% 16.7% 25% none of the other options 33.3%inventory paid for in cash will result in __________. Question 17 options: reduced cash from operations and reduced cash reduced cash balance none of the options reduced cash from investing reduced cash from operations
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