Answer: The required value of y is 19.
Step-by-step explanation: We are given to find the value of y in the solution to the following system of equations :
Comparing equations (i) and (ii), we get
From equation (i), we get
Thus, the required value of y is 19.
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%.
Learn more about return on equity here:
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Addition
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~Izzy <3~
Step-by-step explanation:
it would be 34y i got right answer
Answer:
5
Step-by-step explanation:
given that x and y are proportional, they can be expressed as y = rx, where r is the proportionality constant. Thus, we can solve for r by doing y/x in any given point.
