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ATQ,
Let the speed of bus be ‘x’ km/h. So, x × 6 = 120 + (9x/10) ×[6.5 – {120/x}] 6x = 120 + (9/10) × (6.5x – 120) 1.5x = 120 x = 80 Required distance = x × 6 = 480 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 :