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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33•3 is 99, so the answer is 3
Answer:
Although I'm not entirely sure of the question (sorry lol), any ratio that is 1.5:2 , 6:8 , 9:12 , 12:18 etc would be equivalent to 3 to 4.
Step-by-step explanation:
If you divide both 3 and 4 by 2 you'd wind up with 1.5 ( 3 ) and 2 ( 4 ). When multiplying, you'd get 3x2 = 6 and 4x2=8, 3x3 = 9 and 4x3 = 12 and so on.
