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
Answer: The correct set is choice D.
We are looking for the same ratio with the given set of measurements. So lets start by determine the ratio of nuts to raisins. It is 40.5 to 48.6 or reduced it is 5 to 6. If you divide the fraction, you get the decimal 0.83333.
Only one of the relationships given has the same ratio. It is choice D. 11 to 13.32 can be divided to get 0.83333.
Answer:
Lucy has $60
Step-by-step explanation:
Mel had 80
Lucy had 40
Now Mel has 100
and Lucy has 60
60/100 = 3/5
Answer:
See below for answers
Step-by-step explanation:
1st blank: 2*2*2*2*2*2*2
2nd blank: 2
3rd blank: 7*7
4th blank: 7
5th blank: no
6th blank: doesn't equal