For number 12 you need to make an expression using the information given. a) 25g + 18r + 15b could be the expression.
b) The variables would be 25g for the 25 gold seats, 18r for the 18 red seats and 15b for the 15 blue seats.
c) Plug in the number given according to the variables.
25(100) + 18(250) + 15(200)
2500 + 4500 + 3000
7000 + 3000
$10,000
Answer:
-3 < x < 1, This is the domain
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
This is my answer. Good luck!
