Asset = 264,000 / 0.75 = $352,000
Shareholders equity = $352,000 - $264,000 = 88,000
Return on equity = 49,280 / 88,000 x 100% = 56%
Answer:
The value of x is 8/5
Step-by-step explanation:
(35/6)x + (8/3) = 12
(35/6)x = 28/3 (cross multiplication)
105x = 168
x = 8/5
X=2y
2x+5y=9
substitute the x=2y into the second equation
2(2y)+5y=9
multiple the 2y by 2. 4y+5y=9
combine like terms. 9y=9
divide the 9 out from both sides. y=1
plug the y back into the first equation
x=2(1)
multiply. x=2
your answer is: x=2
y=1
I suppose I can do that and end up spending 6.50$?
1.25 x 5.20 = 6.50 final amount due.