Terri walked in her own 93rd percentile, while April swam in her own 99th percentile. April is off to a slightly better start.
The correct answer is the 5th option (one before the last one).
Answer:
w = 2, EF = 30 , FG = 42
Explanation:
We have EF = 5w + 20 and FG = 7w + 28
Since these points E, F and G are col-linear points we have.
EG = EF + FG
And given that EG = 72
So, EF+EG = 72
5w + 20 + 7w + 28 = 72
12w + 48 = 72
12 w = 24
w = 2
So EF = 5w + 20 = 5x2 + 20 = 30
FG = 7w + 28 = 7x2 + 28 = 42
Retention ratio = (net income - dividends) / net income
retention ratio = (20,000 - 6000) / 20000 = 14,000/20,000 = 0.7 = 70%
