Search results

Got it. Thanks!

I can't seem to reply to the original thread. Don't quite get the solution posted for 303.3 Let A = Assets and E = Equity with D = A - E. ROE = ROA/Equity = [(5%*A) - (A - E)*4%]/E. Since ROE must be at least 15%, the minimum leverage is achieved when ROE = 15% such that: [(5%*A) - (A -...

hi BT team, just wondering whether I can start using the part 2 materials now in the planner or should I wait till the material's updated? cheers