A firm has a debt to asset ratio of 75%, $264,000 in debt, and net income of $49,280. calculate return on equity

1 answer:

3 0

Asset = 264,000 / 0.75 = $352,000
Shareholders equity = $352,000 - $264,000 = 88,000

Return on equity = 49,280 / 88,000 x 100% = 56%

You might be interested in

Convert ln(3x) = 5 into exponential form.

Darina [25.2K]

3x=e^5

x=(e^5)/3

............

4 0

2 years ago

URGENT NEED HELP< WILL GIVE BRAINLIEST!!

leonid [27]

y = 7 + 5/(x-6)

That should work.

Hope this helps!

7 0

2 years ago

The graph below shows the water level of a tank that is emptying over time.

Allisa [31]

From inspecting the graph, you can identify the y-intercept and the slope of the line shown.

The y-intercept is 200 gallons.
The slope is

75-200
m = ------------- = -12.5 gallons/minute
10 - 0

Thus, y = 200 gallons - [12.5 gallons/minute ]t

To answer the 2nd question, let t = 12 minutes and calculate y(12).

To determine how long it wld take to empty the tank, set the above formula equal to zero and solve the resulting equation for t.

3 0

3 years ago

Z1 and Z2 are vertical angles. Z2 has a measure of 31º.<br> What is the measure of Z1

kogti [31]

Answer:

whatever 31-18 is i think

Step-by-step explanation:

5 0

2 years ago

295 feet = _____ meters ?

katen-ka-za [31]

Answer:

Hello! I hope I am correct!

Step-by-step explanation:

295 feet will equal to 89.916 meters.

Steps in order to solve this problem:

First you have to multiply the length in feet by 0.3048.

295x 0.3048 or 295* 0.3048

(295 feet is equivalent to 89.916 meters!)

Will equal 89.916 meters.

Therefore, 295 feet = 89.916 meter

Hope this helps!

Brainliest would be appreciated!

By:BrainlyAnime

(Picture attached)

3 0

3 years ago