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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
Option D: 
is the solution
Explanation:
The given expression is 
We need to determine the solution of the expression.
<u>Solution:</u>
The solution of the expression can be determined by solving the expression for the variable x.
Thus, we have,
Adding both sides of the expression by 1, we get,
Dividing both sides of the expression by 3, we get,
Thus, the solution of the expression is
Hence, Option D is the correct answer.
Answer:
no
Step-by-step explanation:
Answer:
x is greater than or equal to 95 $ a month
Step-by-step explanation:
