1) Frederico's has a profit margin of 6 %, a return on assets of 8 %, and an equity multiplier of 1.4. What is the return on equity?

2) To estimate the amount of cash which could be received if an asset were sold today, you should use the asset's:

Multiple Choice O 14.6 % 11.2 % 6.7 % O 19.6 % 8.4 % Historical cost. Book value. Market value. Depreciated historical cost. Value as shown on the latest statement of financial position