Jerome makes 1/3 of the whole profit. So to find the overall profit of the company, multiply his profit by 3.
If he makes $150,000 this is how you would solve:
150,000•3= $450,000
450,000 dollars is your answer.
The dot is just a multiplication sign.
<span>For the Oliver Company to break even, the total revenue must equal the sum of the variable costs and the fixed cost. Mathematically, this can be represented as:
Total revenue = 0.4*(Total revenue) + (Fixed Costs)
Let the number of units sold be x. then,
7*x = 0.4*(7*x) + 6300
Thus, x = 6300/(0.6*7) = 1500 units.
Thus the company will have to sell 1500 units to break even.</span>
<h3>
Answer: y - 4 = -2(x - 5)</h3>
==================================================
Explanation:
Point slope form is
y - y1 = m(x - x1)
where m is the slope and (x1,y1) is the point the line goes through.
Parallel lines have equal slopes but different y intercepts. The given equation y = -2x-3 has a slope of -2, meaning that m = -2 is also the slope of the mystery parallel line.
-2 will go in the second box that's just to the left of the parenthesis.
The coordinates of (5, 4) will go in the other remaining boxes to finish off the equation.
We go from this
y - y1 = m(x - x1)
to this
y - 4 = -2(x - 5)
He used an incorrect time ratio converting hours to minutes.
First we have to find how much Kyle earned taking to consideration only 38h at work
So 38*14$=532$
Now, to find commission bonus we have to 1200-532=668
Finally, we can find what dollar amount of car Kyle must sell.
We know that 668 is 8% of that number. We can use proportion and cross multiplying, so:
8% ----------- 668
100% --------x
$ - its the result.
