Engineering Economics
A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified?

0.1267
0.1207
0.1287
0.1234

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Engineering Economics
Each financial ratio is generally compared by

A ratio developed by using the projected financial statement of the firm
All of these
A ratio of some selected firms most progressive and successful at the point of consideration
A past ratio calculated from the past financial standard of the firm

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