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
So the equation looks like this : 15*3x=78
subtract 15 from both sides: -15 -15
then divide by 3 from both sides
to isolate the variable: 3x=63
3/3x=63/3
x=21 (your mystery number is 21)
Answer:
Step-by-step explanation:
the formula for a parallelegram is just base * height soo...
n*b*h
Answer:
rocky???
Step-by-step explanation:
5/2 3/8