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 value of 6 – (-8) + (-12) + 4
:6
Answer: The unit rate of $96 spent in 4 hours is, $24 per hour.
Step-by-step explanation: To find the unit rate, you will need to write the information as a ratio, $96/4 hours. If you divide 96 by 4 you will get 24. That means this person spends $24 every hour or $24 per hour or $24/1 hour.
84 divided by 2 is 48
one set of 48-12 is 36
36 students are in the science club
