#13 is 3000 because since each T-shirt is $650 and they buy 4 you multiply and get $2600 and since she received 400 dollar change then you add that value to the total cost and get 3000 that means she paid 3000
#14 is a millennium
1 year is 365 days
1 decade is 10 years
1 century is 100 years
1 millennium is 1000 years
So it has to be 1 millennium since 1000 years is the most out of the others
So the ratios are 5:5 and 3:5 so the fractions are 5/10 (1/2) for 7th grade and 5/8 for 8th grade
Since they are independent events to find the probability of both is P(A) * P(B)
P(A) = P(Heads) =
P(B) = P(Roll ≥ 4) =
Now multiply those fractions together
= P(Heads & ≥ 4)
In an internal operating income statement, the form is as such:
(1) Sales (or Revenue) - Total Variable Costs = Contribution Margin;
(2) Contribution Margin - Total Fixed Costs = Operating Income
and
(3) Contribution Margin Ratio = Contribution Margin/Sales
The first equation helps us out. Sales is the whole amount for this statement, or 100%. We know variable costs are 62% and the rest goes to the Cont. Margin.
100% - 68% = 32% (choice A)
