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:
10+10
Step-by-step explanation:
25 + 35 = 60
300/60 = 5
the answer is 5 packets
To find the answer for this simply multiply 2.5 by 1.58
2.5 x 1.58= 3.95
So Kalani spent a total of $3.95 on oranges!