Answer: 30
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Answer:
In 2015, the financial statements of Ultimate Medical Center reported $500,000 in total revenues and $145,000 in net income. The balance sheet showed net assets of $350,000. Calculate the operating margin ratio and the return on equity rate for Ultimate Medical Center.
Step-by-step explanation:
Answer:
y inversely proportional to 1/x
y=4, x=16
4=k/16
k=64
find y when x=8
y=64/8
y=8