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kobusy [5.1K]
3 years ago
7

What is the product of 4 2/3 and 11 1/4

Mathematics
1 answer:
mihalych1998 [28]3 years ago
7 0

First you have to get rid of the mixed numbers, so multiply the whole numbers with the denominators and add the numerators so that way you get:

14/3 times 45/4....then cross simplify if possible and finally you can multiply the numerators and the denominators...

7/1 times 15/2 = 105/2....simplify it and get: 52 1/2


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Coulter Supply has a total debt ratio of .46. What is the equity multiplier? Select one: a. .89 b. 1.17 c. 1.47 d. 1.85 e. 2.17
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Answer:

Option D.

Step-by-step explanation:

The formula for total debt ratio is

\text{Total debt ratio}=\dfrac{\text{Total assets - Total Equity}}{\text{Total assets}}

It can be rewritten as

\text{Total debt ratio}=1-\dfrac{\text{Total Equity}}{\text{Total assets}}     .... (1)

We know that,

\text{ Equity multiplier}=\dfrac{\text{Total Equity}}{\text{Total assets}}          ... (2)

Using (1) and (2) we get

\text{Total debt ratio}=1-\dfrac{1}{\text{Equity multiplier}}

Substitute total debt ratio=0.46 in the above equation.

0.46=1-\dfrac{1}{\text{Equity multiplier}}

0.46-1=-\dfrac{1}{\text{Equity multiplier}}

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\text{Equity multiplier}=-\dfrac{1}{-0.54}

\text{Equity multiplier}=1.85185185

\text{Equity multiplier}\approx 1.85

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7 0
3 years ago
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