Question
 RSP Ltd has a net profit margin of 12% and a total
asset turnover of 1.2 times and a financial leverage multiplier of 1.2 times. RSP Ltd’s return on equity is closest to:Solution
Return on equity = (net income/sales) (sales/assets) (assets/equity) [DuPont Formula] (0.12)(1.2)(1.2) = 17.28~17.3%
In a mixture of 120 litres, milk was 58(1/3)% and rest was water. If (x + 15) of the mixture is taken out and add 8 litres of milk in it, then the diff...
A vessel contains 60L mixture of milk and water in 3:2 ratio. 10L is removed and replaced with pure milk. What is the new ratio of milk to water?
360 ml of mixture ‘A’ contains milk and water in the ratio 5:7 respectively. If the quantity of milk in mixture ‘B’ is 25.5% more than that in m...
In a solution, the quantity of syrup is (x+10) L and water is 70 L. If 5 L syrup and 5 L water are added, the ratio of syrup and water becomes 7:5. Find...
There are two containers having equal quantities of mixtures of two chemical types A and B. The 1st container contains 30% of type A chemical whereas th...
A solution contains sugar and water in the ratio of 3:2. After removing 15 ml of this solution and adding 12 ml of sugar, the new ratio becomes 5:2. Wha...
The ratio of juice to soda in an 84-liter mixture (juice + soda) is 9:5. A certain quantity of this mixture is taken out and replaced with the same quan...
200 litres of mixture (milk + water) contains 50% milk. When 'm' litres of milk and (m - 10) litres of water are added, the ratio of milk to water in th...
In a blend of 120 liters comprising honey and milk, where honey constitutes 45%, if (a - 4) liters of honey and (a + 4) liters of milk are introduced, t...
A mixture (milk + water + honey) contains ‘16m’ litres milk, ‘24n’ litres water and 56 litres more honey than water. If 25% of the mixture was r...