Answer:
x = 5/4
Step-by-step explanation:
By combining like terms, you get 8x = 10.
Divide the 8 on both sides of the equation.
x = 10/8
This, however, can be simplified by dividing by 2. This ultimately gives us 5/4.
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%
Answer:
Step-by-step explanation:
The response of this would be to say that those people without daytime jobs that are outside the home, are more likely to be home and thus, have more time on their hands to attempt to bake. So basically, the quoted 56% is definitely going to be higher than the population percentage.
