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Gelneren [198K]

2 years ago

10

1. Star Inc. has Year 1 revenues of $80 million, net income of $9 million, assets of $65 million, and equity of $40 million, as

well as Year 2 revenues of $87 million, net income of $22 million, assets of $70 million, and equity of $50 million. Calculate Star’s return on equity (ROE) for each year based on the DuPont method and compare it with a direct ROE measure. Next, explain why the firm’s ROE changed between Year 1 and Year 2.

1 answer:

Gekata [30.6K]2 years ago

4 0

90000 because it changes when 7x is inside

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antiseptic1488 [7]

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Step-by-step explanation:

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The formula used to figure out the costs is

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2 years ago

What is the solution to -3/4x + 2 is less then or equal to -7

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QUESTION:

What is the solution to -3/4x + 2 is less then or equal to -7

ANSWER:

$\green{{x ≥ 12}}$

STEP-BY-STEP EXPLANATION:

First, Simplify each term

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$\green{{-\frac{x × 3}{4} + 2 ≤ - 7}}$

Move 3 to the left of ${x}$

$\green{{-\frac{3x}{4} + 2 ≤ - 7}}$

Second, Move all terms not containing ${x}$ to the right side of the inequality

Subtract 2 from the both sides of the inequality

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Third, Multiply each term in ${-\frac{3x}{4} ≤ - 9 by - 1}$

When multiplying or dividing both sides of an inequality by a negative value, flip the direction of the inequality sign

$\green{{-\frac{3x}{4} × - 1 ≥ ( - 9) × - 1}}$

Fourth, Multiply ${-\frac{3x}{4} × - 1}$

Multiply - 1 by - 1

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Multiply ${\frac{3x}{4}}$ by 1

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Multiply - 9 by - 1

$\green{{\frac{3x}{4} ≥ 9}}$

Multiply both sides of the equation by 4

$\green{{3x ≥ 9 × (4)}}$

Multiply 9 by 4

$\green{{3x ≥ 36}}$

Fifth, Divide each term by 3 and simplify

Divide each term in ${3x ≥ 36 by 3}$

$\green{{\frac{3x}{3} ≥ \frac{36}{3}}}$

Sixth, Cancel the common factor of 3

Cancel the common factor

$\red{{\frac{3x}{3}}}$ ≥ $\green{{\frac{36}{3}}}$

Divide ${x}$ by 1

$\green{{x ≥ \frac{36}{3}}}$

Lastly, Divide 36 by 3

$\green{\boxed{x ≥ 12}}$

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3 years ago

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Step-by-step explanation:

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