I don't have my glasss on and there are too many 1's which are messing with my eyes but all i have to say is PEMDAS
bonus question - i used to like school but at this point i just want to graduate
They are busy grading papers and preparing for other things.
Answer:
The answers are given below.
Step-by-step explanation:
The computation is shown below:
1.a.
Profit Margin = Net Income ÷ Sales × 100
= $374 ÷ $6,900 ×100
= 5.4%
1-b:
Average Assets = (Beginning Assets + Ending Assets) ÷ 2
= ($3,200 + $3,600) ÷ 2
= $3,400
Now
Return on Assets = Net Income ÷ Average Assets
= $374 ÷ $3,400
= 11%
1-c
Average Equity = ($700 + $700 + $320 + $270) ÷ 2
= $995
Now
Return on Equity = Net Income ÷ Average Equity *100
= $374 ÷ $995
= 37.59%
2:
Dividends Paid = Beginning Retained Earnings + Net Income – Ending Retained Earnings
= $270 + $374 - $320
= $324
To solve this expression, we need to follow the order of operations (BEDMAS)
50+0.5(41-32)
=50+0.5(9)
=50+4.5
=54.5
Your answer is 54.5