Answer to Question #193179 in Economics for sushant

Question

3. The city of Leh is the joint capital & the largest town of the union territory of Ladakh in India. Leh is at an altitude of 3,524 metres (11,562 ft), and is connected via National Highway 1 to Srinagar in the southwest and to Manali in the south via the Leh-Manali Highway. You have been invited as an external IT consultant by Government of India with a mandate to convert Leh into a “Smart City”b. Define the terms- Return on Investment and Debt equity ratio and also, reflect on your understanding towards the financial performance of the companies (2marks for defining and 3 marks for interpretation and reasoning)

Answer 1

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