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:1x20x3
Step-by-step explanation: 1 times 20 equals 20 and 20 times 3 equals 60 cubic units. Basically you are just multiplying 3 numbers that equal to 60.
Use photo math :) and you will get your answer
