Retention ratio = (net income - dividends) / net income
retention ratio = (20,000 - 6000) / 20000 = 14,000/20,000 = 0.7 = 70%
Answer:
Part A:
C= cash Sue earns
H = hours Sue works
C is dependent upon H because C only changes when H is changed.
Part B:
(0,0)
(1,6)
Part C:
C=6H
Answer:Gary made 15 baskets.
Susan made 10 baskets.
Bill made 17 baskets.
Step-by-step explanation:
Let x represent the number of baskets that Gary made.
Let y represent the number of baskets that Susan made.
Let z represent the number of baskets that Bill made.
Gary made 5 baskets than Susan this season. This means that
x = y + 5
Bill made 3 less than twice as many baskets as Susan. This means that
z = 2y - 3
Together, all three made 42 baskets. This means that
x + y + z = 42 - - - - - - - - - - 1
Substituting x = y + 5 and z = 2y - 3 into equation 1, it becomes
y + 5 + y + 2y - 3 = 42
4y + 2 = 42
4y = 42 - 2 = 40
y = 40/4 = 10
x = y + 5 = 10 + 5
x = 15
z = 2y - 3 = 2 × 10 - 3
z = 20 - 3 = 17
• We are told that the average height : Mean () = 65
,
• Standard deviation : SD () = 2.2
• 95 % 0f women height range = +- 3
= 65 +-3( 2.2)
= {65 + 6.6 ; 65 -6.6}
= {71.6 ; 58.4}
• This means that 95 % 0f women height will range between ( 58.4 ) and (71.6 )