Hello!
I was looking for this answer as well, but I took the quiz and got it correct. The answer is 5 units.
good luck!
Answer:
The probability that Bentely will be selected first = 0.046
Step-by-step explanation:
The person will be randomly selected, it is not stated that sex is considered in the selection.
The total number of people present at the party = 10 + 12 = 22
The probability that Bentely will be selected first = 1/22
The probability that Bentely will be selected first = 0.046
180................................l.
Each bag of rice is going to have 1/8 of the original amount, or 1/8 of 45.
45/8 = 5.625.
Each rice bag will have 5.625 pounds of rice.
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