Assume the following data for cable corporation and multi-media inc. cable corporation multi-media inc. net income $ 30,700 $ 115,000 sales 336,000 2,370,000 total assets 485,000 919,000 total debt 229,000 465,000 stockholders' equity 256,000 454,000 a-1. compute return on stockholders’ equity for both firms. (input your answers as a percent rounded to 2 decimal places.)

Return on equity (ROE) for Firm A   = 11.99%

Return on equity (ROE) for Firm B   = 25.33%

Explanation:

Return on equity (ROE) = net income by shareholders' equity

Return on equity (ROE) for Firm A

30,700/256,000 x 100= 11.99%

Return on equity (ROE) for Firm A

115,000/454,000x 100 = 25.33%

c

explanation:

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.