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?

0.1207
0.1287
0.1234
0.1267

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Engineering Economics
Which one of the following definitions is correct?

All of these
The ratio of total debt to share holder's equity is called 'debt ratio'
The ratio of earnings before interest and taxes for a particular reporting period to the amount of interest charges for the period is called interest coverage ratio
The ratio debt-to-total assets is called Debt-to-total assets ratio

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