Answer:
Interest rate is 5.25% a year.
Step-by-step explanation:
r = (1/54)((22252.5/18000) - 1) = 0.004375
r = 0.004375
Convert decimal to percentage
R = 0.004375 * 100 = 0.4375%/month
Calculate annual rate
0.4375%/month × 12 months/year = 5.25% per year.
Answer:
46
Step-by-step explanation:
You have to do IVU+TUI=TUV
so... x+49+x+63=106
Answer:
y=6
Step-by-step explanation:
Answer:
- 4
Step-by-step explanation:
(2*(Rationalize(9.7)-Rationalize(4.8x)))==Rationalize(61.2)-Rationalize(3.4)
Rationalize(18.4)-Rationalize(2.8x)
==Rationalize(57.8)
-Rationalize(2.8x)==Rationalize(57.8)-Rationalize(18.4)
x= 38.4÷-2.8
:x= -4
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
