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Distance covered by X in 2 hours = 23 × 2 = 46 km Relative speed of X and Y = 23 + 20 = 43 km/hr Sum of distance covered by both in 4 hours = 43 × 4 = 172 km Total distance between points ‘A’ and ‘B’ = 46 + 172 = 218 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 :