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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fifty five hundredths is equal to 0.55
Answer:
no solution
Step-by-step explanation:
n -8 = 6+n
Subtract n from each side
n-n -8 = 6+n-n
-8 = 6
This is never true so there is no solution
This is equal to -3-5/7, or (-3*7)/7-5/7, or -21/7-5/7, or -26/7.
Answer: Integer
Step-by-step explanation: The answer would be integer
