A firm has a net profit margin of 15 percent on sales of $12,000,000. If the firm has total liabilities of $7,500,000, total assets of $22,500,000, and an after-tax interest cost on total debt of 7 percent, what is the firm's ROE

technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?