Suppose the expected returns on equity of two firms, Macrosoft and Microsoft, that operate in the same business are 10.50% and 13.00%, respectively. What is the return on assets in this business if Macrosoft has no debt?

The return on assets in this business for Macrosoft is

ROA = 10.50%

Step-by-step explanation:

Return on Equity:

ROE represents how much a firm is generating profits by using the shareholder's money.

ROE is calculated as

Return on Assets:

ROA represents how much a firm is generating profits for every dollar of its assets.

ROA is calculated as

What is the return on assets in this business if Macrosoft has no debt?

Debt plays an important role in the calculations of return on assets.

We know that

Assets = Liabilities + Equity

Since the Macrosoft has no debt, its return on assets will be same as return on equity.

Assets = Equity

ROA = ROE

ROA = 10.50%

english, cause i can’t you

45.36 feet per second

step-by-step explanation:

tyrone travels 30 miles in 58.2 minutes.  

1 mile = 5280 feet; this means he travels

30(5280) = 158400 feet in 58.2 minutes.

1 minute = 60 seconds; this means he travels 158400 feet in

58.2(60) = 3492 seconds.

this gives us the unit rate of

158400/3492 = 45.36 feet per second.