Answer:
The percentage profit for the year is 62.50%
Step-by-step explanation:
Here, we want to calculate the percentage profit
That would be difference between the revenue (88,000) and the cost (33,000) divided by the revenue * 100%
We have this as;
(88,000-33,000)/88,000 * 100%
= 55,000/88,000 * 100%
= 62.50%
The <u>equation</u>

consists of five <u>terms</u>, three of them contain <u>fractions.</u> The <u>denominators</u> of these fractions are 2, 4 and 6.
Find the LCM(2,4,6). Since
then LCM(2,4,6)=2·2·3=12.
Thus, you have to multiply each term of the equation by 12 to eliminate the fractions.
Answer: 12
Answer:
2.17
Answer and Explanation:
The critical value of z for 97% confidence interval is 2.17, which is obtained by using a z score table, that is: {eq}P(-2.17 < Z <...