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%.
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Well if you are solving for y
the answer is
Y= 4/5x- 3
if you are solving for x
the answer is
X=5/4y + 15/4
*look at the image for the work*
Answer:
11.1%
Step-by-step explanation:
17/153= 0.111 x 100= 11.1%
Answer:
what are the answer
Step-by-step explanation: