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Let the initial speed of the bike be ‘x’ km/hr Therefore, speed of the car = 1.23x km/hr According to the question, 6 × 1.23x – (4x + 2 × 1.36x) = 33 => 7.38x – 6.72x = 33 => x = 33/0.66 = 50 km/hr
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 :