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
When you roll two numbers you have four kinds of outcomes: EE, EO, OE, OO (where E = even, O = odd).
You get an even sum only if you sum two numbers that are both even or both odd, therefore the outcomes wanted are two: EE and OO.
Therefore:
P(sum is even) = 2 / 4 = 0.5
Hence, there is a 50% probability that, when you roll two numbers, their sum will be even.
$4.20 / 36 = $0.11667 per potato<span>
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Third angle = 180 - (44 + 72) = 180 - 116 = 64 degrees answer
Answer:
7
Step-by-step explanation:
