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
The answer is 21 + 4x.
You find this answer by adding up all the sides.
9+12+4x= 21+4x ... you don't add 4x because it has a variable that we do not know of the value.
7 batches. There is 12 cookies in a dozen so multiply 8×12 to get 96 cookies. 96 Is the total cookies you need to make. So if you divide 96 by the 14 to see how many batches you must make. you will get a number of 6.85... so you must round up to 7.
Answer: A
Step-by-step explanation: A shows a turkey sandwich with all the types of bread and a ham sandwich with all the types of bread.
