Answer:
3(z-6)
Step-by-step explanation:
First Subtract 6 from z,
=> z - 6
then multiply by 3,
=>3(z-6)
The return on equity for the firm is 18.75%.
<h3>Return on equity</h3>
Return on equity=Return on assets +[ (Debt/Equity ratio)×(Return on assets-Return on debt)]
Let plug in the formula
Return on equity=.15+ [(.75)× (.15-.10)]
Return on assets=.15+ (.75×0.05)
Return on assets=.15+0.0375
Return on equity=0.1875×100
Return on equity=18.75%
Therefore the return on equity ratio is 18.75%.
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100 is the answer (100x 2 = 200)
The price of a staff ticket and the price of a student ticket is $8 and $14
Given:
Day 1:
Number of staff tickets sold = 3
Number of students tickets sold = 1
Total revenue day 1 = $38
Day 2:
<em>Number of staff tickets sold</em> = 3
<em>Number of students tickets sold</em> = 2
<em>Total revenue day</em> 2 = $52
let
<em>cost of staff tickets</em> = x
<em>cost of students tickets</em> = y
The equation:
<em>3x + y = 38 (1)</em>
<em>3x + y = 38 (1)3x + 2y = 52 (2)</em>
subtract (1) from (2)
2y - y = 52 - 38
y = 14
substitute y = 14 into (1)
3x + y = 38 (1)
3x + 14 = 38
3x = 38 - 14
3x = 24
x = 24/3
x = 8
Therefore,
cost of staff tickets = x
= $8
cost of students tickets = y
= $14
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