Answer:
2^12
Step-by-step explanation:
16^3 can be rewritten as (2^4)^3 which can then be rewritten as 2^12 by multiplying the exponents
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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%.
Learn more about return on equity here:
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Step-by-step explanation:
