Answer:
The answer to your question is y = 4/6x - 4
Step-by-step explanation:
Data
m = 4/6
P (0, -4)
slope-intercept form = ? y = mx + b where m is the slope and
b is the y-intercept
Formula
y - y1 = m(x - x1)
Substitution
y - (-4) = 4/6(x - 0)
Simplification
y + 4 = 4/6x
Result
y = 4/6x - 4
slope = 4/6 y-intercept = -4
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
Answer:
-1/56
Step-by-step explanation:
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