Wow that's a hard one. Ummm....
Answer:
(-6, 0)
Step-by-step explanation:
y = 4x + 24
Plug y = 0
0 = 4x + 24
4x = - 24
x = - 24/4
x = - 6
So, the graph of y = 4x + 24 intersect the x-axis at (-6, 0)
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
First you would need to convert the equation to match the y = mx + b format.
Subtract 2x from both sides to get -y = -2x + 3
Then, divide -1 (because that's the coefficient to -y, on all values, turning to equation into
y = 2x - 3 (negative and negative makes a positive that's why the 2 value is now positive) in order to make the y value positive.
Our y intercept is -3 so start your graphing line on the -3 value on the x axis.
Our slope is 2/1 which means to go up 2 point and right 1 point, since it's a positive slope.
You can mark every point in order to get a more accurate line and just connect the dots from there. Be sure to use a ruler or some sort of straightedge for a better line.
Hope this helped :)
33% depending on if your numbers is the same as mine
