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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Answer:
A
Step-by-step explanation:
Tanks are the Backbone of the Military, they are needed to destroy the Axis Powers during WW2, they also used Captured Enemy Tanks for studying and Produce New Tanks to Counter them.
Answer:
<em>I</em>(-1,3)
Step-by-step explanation:
Moving 3 units left adds -3 to x value
Moving 6 units up adds 6 to the y value
2 - 3 = -1
-3 + 6 = 3
(-1,3)
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