Answer:
ROA = 7.77 percent
Step-by-step explanation:
Borland, Inc., has a profit margin of 5.6 percent on sales of $13.6 million
Thus, profit = 5.6% of $13.6 million
profit = 5.6 / 100 * $13.6 million = $0.7616 million
Profit is same as net income
Formula for ROA (return on asset) = net income/ total asset
total asset as given = $9.8 million
Thus, ROA = $0.7616/ $9.8 = 0.0777
ROA in percentage = 0.0777*100 = 7.77
Thus, ROA is 7.77 percent .
The expected value of the game is $2.00.
To Find: The fair price to pay to play the game of rolling a colored die with three red sides, two green sides, and one blue side
Now the question arises how to find the Fair Price
We are told that in the game of rolling the colored die;
A roll of a red loses.
A roll of blue pays 5.00 and A roll of green pays 2.00.
Now, the best game to get the fairest price is to play; RRRGGB i.e (RED, RED, RED, GREEN, GREEN,BLUE)
Fair price = 2(3/6) + 6(1/6) + 0(2/6)
Fair price = $2
Read more about Fair Price at; brainly.com/question/24855677
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Answer:
x=45
Step-by-step explanation:
add (3x-9)+30+24=180
subtract 30 and 24 from both sides
(3x-9) = 126
+9 on both sides
3x=135
divide by 3 on both sides
x=45
Answer:
Step-by-step explanation:
the number is 1300 if we have 40% from it will give us 520
Answer:
$1.45
Step-by-step explanation:
9.25 - 2 = 7.25
7.25 ÷ 5 = 1.45
