Last year rennie industries had sales of $395,000, assets of $175,000 (which equals total invested capital), a profit margin of 5.3%, and an equity multiplier of 1.2. the cfo believes that the company could reduce its assets by $51,000 without affecting either sales or costs. the firm finances using only debt and common equity. had it reduced its assets by this amount, and had the debt/total invested capital ratio, sales, and costs remained constant, how much would the roe have changed? do not round your intermediate calculations.

Emil motycka is considered an entrepreneur because

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?