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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Answer:
x = 24
Step-by-step explanation:
1/6 x + 3 = 7
1/6 x = 4
x = 24
Answer:
I'm going to edit this later, but do you have the full question?
Answer:
42.5
Step-by-step explanation:
Multiply 50 by 0.85, which equals 42.5.
Angle a is one ninth as large as its complement angle b
a+b=180
a=9b
a=18
b=162
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