Answer:
x = 6
General Formulas and Concepts:
<u>Pre-Algebra</u>
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
Equality Properties
Step-by-step explanation:
<u>Step 1: Define Equation</u>
3 - 2x = -1.5x
<u>Step 2: Solve for </u><em><u>x</u></em>
- Add 2x on both sides: 3 = 0.5x
- Divide 0.5 on both sides: 6 = x
- Rewrite: x = 6
<u>Step 3: Check</u>
<em>Plug in x into the original equation to verify it's a solution.</em>
- Substitute in<em> x</em>: 3 - 2(6) = -1.5(6)
- Multiply: 3 - 12 = -9
- Subtract: -9 = -9
Here we see that -9 does indeed equal -9.
∴ x = 6 is the solution to the equation.
The answer to the problem is 17
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
