I think you are asking for two numbers, so you just have to look at the decimals.
23.7
We can use an infinite amount of numbers here, but to make it simple you can just take away 0.01 or add 0.01.
23.69
23.71
These are funny answers as well because they both round to 23.7 and meet the requirements.
We can use the is/of=p/100 method for this problem. Since it's 15% off, this would mean that the bill is 85% of what it was initially. Plug the values into the is/of=p/100 formula.
36.72/x = 85/100
Solve for x.
x=36.72/0.85
x=43.2
So, the bill was $43.20 before applying the voucher discount of 15% off.
Answer:
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Explanation:
<em>See above</em><em> </em><em>explanation</em>
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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
5,3..........................................
