Answer:
3/5
Step-by-step explanation:
To have the best chance of pulling a pair with the same color you should try to get a pair of black socks. There is a 3/5 chance of pulling a black sock so this means for every 5 socks you pull you get 3 black socks or 2 navy socks. Either way you will get a pair of socks with the same color. (Double check to make sure I'm correct)
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 number of cats that you have is; 27 cats
<h3>How to calculate algebra word problems?</h3>
Let the number of cats alice has be x.
Since you have thrice the amount of cats that alice has, then you have 3x cats.
Bob has 7 less cats than you. Thus, bob has; 3x - 7
If they have a total of 56 cats, then;
x + 3x - 7 + 3x = 56
7x - 7 = 56
7x = 56 + 7
7x = 63
x = 63/7
x = 9
Thus, number of cats you have = 3x = 3 * 9 = 27 cats
Read more on algebra word problems at; brainly.com/question/13818690
Get x to one side by subtracting 2x by 5x.
-3x = -30
Then divide both sides by -3 to get x = 10
Have a nice day.
