Answer:
32.14%
Step-by-step explanation:
Assets = Equity + Liabilities.
If the firm has a debt ratio of 78%, then it must have an equity ratio of 22%
The return on equity is given by:
For a margin of 9.68%, revenues of $807,200, and total equity of 22% x $1,105,100:
Reliable Cars has a return on equity of 32.14%.
Answer:
Step-by-step explanation:
a) The height of the ball at x = 330 is ...
y = (-0.008·330 +3)330 +3 = 0.36·330 +3 = 118.80 +3 = 121.80
The ball is 121.8 ft high at the distance of the wall. If the wall is higher than that, the ball did not go over the wall. We expect the wall is not that high, so the ball clears the wall for a home run.
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b) When y=0, the value(s) of the distance x can be found using the quadratic formula:
0 = -0.008x^2 +3x +3
x = (-3 ±√(3² -4(-0.008)(3)))/(2·(-0.008))
= (3 ±√9.96)/0.016 ≈ 376.0 . . . feet (positive solution)
The ball landed 376 ft from home plate.
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c) The maximum of the quadratic can be found where x is -b/(2a) = -3/(2·(-.008)) = 3000/16 = 187.5.
The value of y at that distance is ...
y = (-0.008·187.5 +3)187.5 +3 = 284.25 . . . feet
The maximum height is 284.25 ft.
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d) The height of the baseball at home plate (where x=0) is
y = -0.008·0 +3·0 +3 = 3 . . . feet
