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Financial Statement Analysis:

Calculate the return on equity $($ROE$)$ for a company with a net income of $$200,000$ and total equity of $$1,000,000.$

$2.$Cash Budgeting:

A company expects cash receipts of $$50,000$ in January, $$40,000$ in February, and $$60,000$ in March. If the company's cash payments are $$30,000$ in January, $$35,000$ in February, and $$45,000$ in March, what is the ending cash balance in March?

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This question already posted and received correct answer. Kindly Don't answer.