Find the equation of the line that is perpendicular to y = – 1 3 x + 2 and passes though the point (–5, 2)
2 answers:
You might be interested in
There you go hope this helps
Answer:
→Step 1:
<em>write the equation</em>
→Step 2:
<em>after taking LCM of 6/9 and 6/9 we get( 6+6)/9</em>
→step 3:
<em>after adding 6 and 6 we get 12</em>
→Step 4:
<em>after dividing numerator and denominator</em> by 3 we get 4/3
→step5:
<em>finally we get 1.334</em><em>✓</em>
hope it helped you:)
Answer:
change in capital to Improvement in ROE = 2.518%
Step-by-step explanation:
To calculate the improvement in ROE, calculate ROE for current capital structure by using DuPont analysis.
where
Return on Assets = Net Income / Total Assets
Equity Multiplier = Total Assets / Equity
Equity = Total assets x (1 – debt to capital ratio)
= $250,000 x (1-37%)
= $157,500
Equity Multiplier = Total Assets / Equity
ROE =0.075 x 1.58 = 0.11904761 or 11.905%
ROE after change in capital structure:
Equity = Total assets x (1 – debt to capital ratio)
= $250,000 x (1-48%) = $130,000
ROE = (18,750/250,000) x (250,000/130,000)
= 0.1442307692307692 or 14.423%
change in capital to Improvement in ROE = 14.423% - 11.905% = 2.518%