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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Hint: Try using the Pythagorean thereom to solve it.
Answer:
x + (5x-9)
Step-by-step explanation:
x stands for the number of coins Nancy has
Kevin has 9 less than 5 times what Nancy has, so his part of the expression is 5x-9
To find the total number of coins they have, you have to add Nancy's number of coins x plus Kevin's number of coins 5x-9
x + (5x-9)
But you have to put parentheses around Kevin's 5x-9 so that part of the expression is calculated first, as per order of operations
Answer:
2.5
Step-by-step explanation:
Simplifying
2y + -1.7 = 3.3
Reorder the terms:
-1.7 + 2y = 3.3
Solving
-1.7 + 2y = 3.3
Solving for variable 'y'.
Move all terms containing y to the left, all other terms to the right.
Add '1.7' to each side of the equation.
-1.7 + 1.7 + 2y = 3.3 + 1.7
Combine like terms: -1.7 + 1.7 = 0.0
0.0 + 2y = 3.3 + 1.7
2y = 3.3 + 1.7
Combine like terms: 3.3 + 1.7 = 5
2y = 5
Divide each side by '2'.
y = 2.5
Simplifying
y = 2.5