Answer:
300 chickens
Explanation:
Let number of chickens = x
Let number of scheduled days that the farmers stock will last = y
Story 1
Number of chicken=x-15
Number of days =y+4
(x-15)(y+4)=0
4x-15y-60=0
Story 2
Number of chickens =x+20
Number of days =y-3
(x+20)(y-3)=0
-3x+20y-60=0
Form (1) and (2)
4x-15=-3x+20
7x=35y
X=5y
Sub x= 5y into (1)
20y-15y-300=0
5y=300=x
Answer:
(a)
(1) return on assets = 8.6%
(2) asset turnover = 2.5 times
(3) profit margin = 3.45%
Explanation:
Given
Net sales = $10,700.0
Net earnings = $365.0
Total assets, ending = $4,155.0
total assets, beginning = $4,340.0
(a)
(1) Return on assets = net income/average total assets
= 365/((4155 + 4340)/2)
= 365/(8495/2)
= 730/8495
= 0.0859
≈ 0.086 ≈ 8.6% (rounded to 1 decimal place)
(2) Asset turnover = net revenue/average total assets
= 10700/((4155 + 4340)/2)
= 10700/(8495/2)
= 21400/8495
= 2.5 times (rounded to 1 decimal place)
(3) Profit margin = net earning/net sales
= 365/10700
= 0.034 ≈ 3.45% (rounded to 1 decimal place)
At which stage of problem solving should you discuss the problem with colleagues? A. Defining the problem
When working on a problem solving strategy, it's important to first identify the problem. If you are unable to identify the problem as a group, it will be harder to figure out how to solve the problem. Although all problem solving stages are important, defining the problem is at the top because the other steps will not matter if the problem has not been defined.
