Directions: Please refer to the table below then, answer the questions provided. I. Mr. Santos bought 3 different colors of socks from Novo Store. The receipt is shown in the table below. THE OFFICIAL RECEIPT QUANTITY ITEM UNIT PRICE SUBTOTAL RED SOCKS Php 30.00 3 BLUE SOCKS Php 75.00 WHITE SOCKS Php 200.00 ТОTAL How much is the cost of 5 red socks? A. Php 30.00 B. Php 100.00 C. Php 150.00 D. Php180.00 How much did he pay for the 3 blue socks? A. Php 225.00 B. Php 200.00 C. Php 175.00 D. Php150.00 How much is the unit price of white socks? A. Php 30.00 B. Php 75.00 C. Php 85.00 D. Php 100.00 What is the total cost of all different socks? A. Php 150.00 B. Php 225.00 C. Php 575.00 D. Php 600.00

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Financial Ratios

A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.

Return on Equity

The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.