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Let the required distance be x km. According to the question ⇒ x/(12 – 3) – x/(12 + 3) = 4 ⇒ x/9 – x/15 = 4 ⇒ (5x – 3x)/45 = 4 ⇒ x = 4 x 45/2 = 90 km
What will be the impact on Return on Equity (RoE) if cash is paid to the creditors?
Akash Ltd sells 3 products X, Y and Z. The following information was available at the year end :