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:
5
Step-by-step explanation:
The answer is 5
because 3 - 5 = -2
and -2 + 7 = 5
so the answer is 5
For 1 hour, money = $20
For $140, it would be: 140/20 = 7 hours.
So, option C is your final answer.
Hope this helps!
Answer:
D. 5x - 1
Step-by-step explanation:
(f+g)(x) ➡ f(x) + g(x)
3x -2 + 2x + 1 = 5x -1
