Question: This assignment is NOT related to the uploaded PDF. If revenue is 100 , total operating costs are 75 , production costs are 35 ,

This assignment is NOT related to the uploaded PDF. If revenue

This assignment is NOT related to the uploaded PDF. If revenue is 100 , total operating costs are 75 , production costs are 35 , depreciations 10 , interest costs 5 , tax expenses 4, interest bearing debt 50 and equity 50 . What is the return on equity (on the outgoing balance)? a) 32% b) 22% c) 1,0x d) 12%

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