Answer:
In 2015, the financial statements of Ultimate Medical Center reported $500,000 in total revenues and $145,000 in net income. The balance sheet showed net assets of $350,000. Calculate the operating margin ratio and the return on equity rate for Ultimate Medical Center.
Step-by-step explanation:
Answer:
A. 6.25x + 30 > 9.75x+12
Step-by-step explanation:
This is because we know from the problem that x is the minimum number of t-shirts. We also know Company D charges a 6.25 fee for each tee, while Company E charges a 9.75 fee per tee. Based on the information we know, we can choose the problem.
Answer:
9 quarters
Step-by-step explanation:
From the question
Jesse has $3.40 in quarters and nickels
Quarters = q = number of quarters
1 quarter = $0.25
nickels = n = number of nickels
1 nickel = $0.05
Hence,
0.25q + 0.05n = $3.40 .......Equation 1
The number of nickels is 5 more than 2 times the number of quarters.
n = 2q + 5
0.25q + 0.05n = $3.40 .......Equation 1
0.25q + 0.05(2q + 5) = 3.40
0.25q + 0.10q + 0.25= 3.40
0.35q = 3.40 - 0.25
0.35q = 3.15
q = 3.15/0.35
q = 9
Therefore, Jessie has 9 quarters.
Answer:
The probability that there are 2 or more fraudulent online retail orders in the sample is 0.483.
Step-by-step explanation:
We can model this with a binomial random variable, with sample size n=20 and probability of success p=0.08.
The probability of k online retail orders that turn out to be fraudulent in the sample is:
We have to calculate the probability that 2 or more online retail orders that turn out to be fraudulent. This can be calculated as:
The probability that there are 2 or more fraudulent online retail orders in the sample is 0.483.