Answer:
Return on equity (ROE) = profit margin × asset turnover × financial leverage
Step-by-step explanation:
Return on equity (ROE) = profit margin × asset turnover × financial leverage
Which can be written as:
ROE = (net income÷ sales) × (sales ÷ total assets) × (total asset ÷ average shareholder equity)
Answer:
rounded is $207.66
Step-by-step explanation:
you start by doing 349(0.30) which would be 104.7
349-104.7=244.3
next you do 244.3(.15)=36.645
244.3-36.645= $207.655
Answer:
d part is correct because in associative property the brackets and the numbers CAN be shifted
2/3in=9mi
?in=21mi
we can set up a ratio and proportion, but I would fix that fractions because they tend to be messy
2/3in=9mi
multiply both sides by 3
2in=27mi
so now we have
2in:28mi=?in:21mi
multiply both sides by 21mi
the miles cancel and we get
1.5in=?in
1.5 inches represents 21 miles