If you have to estimate I will put $85 and then to find 20 % you just have to kniw that 10% is equal to 8.5 you just move a decimal then you just add 8.5 plus 8.5 = 17 so 20% of 85 is equal to $17 and to find 15% you already know how much is 10%=8.5 so you just need to find 5% that is equal to 4.25 and then you just add 4.25 to 8.5 and that's equal to 12.75
20%= 17
15%=12.5
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:
Step-by-step explanation:
Man in gonna tell you something but it might be wrong. about 1 or 2 i think?? i'm not good at this
