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When ‘A’ covers 20 km, ‘B’ will cover 16 km Similarly, when ‘B’ covers 20 km, ‘C’ covers 16 km Therefore, when ‘B’ covers 16 km, then ‘C’ will cover = (16 × 16)/20 = 12.8 km Therefore, ‘A’ will beat ‘C’ by = 20 – 12.8 = 7.2 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 :