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
Answer:
The answer will be 0.666 repeating.
Step-by-step explanation:
4/6 = 0.6666.....
Since the numerator (4) is smalled than the denominator(6) the answer will be a decimal.
when 4 is divided by 6 it will gives us 0.66666667....
Hope this helps!! I guess
Answer:
B = C - D / A
Step-by-step explanation:
C = AB + D
subtract D
C - D = AB
Divide by A
B = C - D / A
C and D are both divided by A
Answer:
(a,b)------>(-1,-7)let
now
m(x-a)=(y-b)
2(x+1)=(y+7)(where m=slope
2x+2=y+7
2x-y=7-2
2x-y=5 is a required equation.
