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Hello, can you explain it to me? I think this would be more math knowledge that I don't have. Why in the first it multiplies
Hello, can you explain it to me? I think this would be more math knowledge that I don't have. Why in the first it multiplies and in the second it divides? And why 0.10 if in the question is 10%.
Planes:
ROI = Controllable margin Average operating assets
15% = Controllable margin $25,000,000
Controllable margin = $25,000,000 15% = $3,750,000 (g)
Taxis:
ROI = Controllable margin Average operating assets
10% = $95,000 Average operating assets
Average operating assets = $95,000 0.10 = $950,000 (h)
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