Answer:
19.4 %
Step-by-step explanation:
The formula for<em> return on assets</em> (ROA) is
ROA = Net income /Total assets × 100 %
Since assets vary, we use the <em>average</em> of the total assets over the period.
<em>Calculate the average total assets</em>
At beginning of year, total assets = $263 000
At end of year, total assets = $313 000
Average = (313 000 + 263 000)/2
Average = 576 000/2
Average = $288 000
===============
<em>Calculate the ROA</em>
Net income = $56 000
ROA = 56 000/288 000 × 100 %
ROA = 0.194 × 100 %
ROA = 19.4 %
The company’s return on assets is 19.4 %.
Answer:
Step-by-step explanation:
<u>Multiplying both sides by 2</u>
<u>Subtracting 36 to both sides</u>
<u>Dividing both sides by 4</u>
OR
Answer:
Domain: [0,infinity)
Range: [0,infinity)
X-intercept: (0,0)
Y-intercept: (0,0)
Step-by-step explanation:
Answer:
The number of red circles to be added would be equal to 8 times the original amount of red circles
Step-by-step explanation:
Let
x ----> the number of red circles
y ----> the number of blue circles
Originally
----> equation A
How many more circles would need to be added to make the ratio of red to blue 3:1
Let
n ----> the number of additional red circles
----> equation B
substitute equation A in equation B
solve for n
therefore
The number of red circles to be added would be equal to 8 times the original amount of red circles
Well, since half is when you divide something by 2, divide 30 by 2
Then, you get 15
So Kristen made 15 sundaes!
Hope this helped!