Let

where we assume |r| < 1. Multiplying on both sides by r gives

and subtracting this from
gives

As n → ∞, the exponential term will converge to 0, and the partial sums
will converge to

Now, we're given


We must have |r| < 1 since both sums converge, so


Solving for r by substitution, we have


Recalling the difference of squares identity, we have

We've already confirmed r ≠ 1, so we can simplify this to

It follows that

and so the sum we want is

which doesn't appear to be either of the given answer choices. Are you sure there isn't a typo somewhere?
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
The most simple way is to get 8 questions right on a ten question test. 8q/10q = 80%.
Answer:
The minus 3 in the square will shift the graph to the right 3 x-coordinates and the minus 8 in the outside will move the graph downwards by 8 y-coordinates.
Step-by-step explanation:
The minus 3 in the square will shift the graph to the right 3 x-coordinates and the minus 8 in the outside will move the graph downwards by 8 y-coordinates.