Holiday Company is a seasonal business. It earned twice as much in the fourth quarter as it did in each of the other quarters. W
hat part of the earnings came from the fourth quarter
1 answer:
If the first 3 quarters each earn E dollars, then the fourth quarter earned 2E dollars for an annual earning of 3E+2E=5E dollars.
So the fourth quarter earned 2E/5E = 2/5 = 0.4 = 40% of the annual earnings.
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