Answer:
1.46 times
Step-by-step explanation:
The growth, rate is defined as Return on Equity times (1-Dividend payout ration):
Given that
The total asset turnover is calculated as:
#We know that
Hence, turn-over required for a 7.1% internal growth is 1.4564times
To solve linear equations, we must perform inverse operations on both sides of the equal sign to <em>cancel values out</em>.
We perform inverse operations to<em> combine like terms</em>. This means to get x to one side and everything else on the other.
<h2>Solving the Questions</h2><h3>Question 1</h3>Because 7 is being added to x, subtract it from both sides:
Because x is being multiplied by 5, divide both sides by 5:
Therefore. .
Here, we can group all the x values on the left side of the equation. Subtract 5x from both sides:
To isolate x, subtract 4 from both sides:
Divide both sides by 2:
Therefore, .