3 years ago

Help I don’t understand

Mathematics

1 answer:

Flura [38]3 years ago

8 0

Answer:its right

Step-by-step explanation:Just remember inorder for a relationship to function y dont repeat its eX

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Achbar Corporation has earned $175,900 after tax. The accountant calculated the return on equity as 12.5%. Achbar Corporation's

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Answer:

The correct answer option is D. D. $1,407,200.

Step-by-step explanation:

We know that Achbar Corporation has earned $175,900 after the deduction of all the taxes and the return on equity calculated by the accountant is 12.5%.

So assuming the Achbar Corporation's stockholders' equity to be x, we can find the value of x as shown below:

$12.5%$ × x = $$175,900$

"Percent" or "%" means "out of 100" or "per 100", therefore 12.5% can be written as:

$\frac{12.5}{100}$ × x = $$175,900$

$x=\frac{175900*100}{12.5}\\ \\x=1407200$

Therefore, Achbar Corporation's stockholders' equity to the nearest dollar is $1407200.

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