First simplify the section in the parenthesis.
-1/6 + 2/3(8 1/4) + -1/2
Then multiply 2/3 by 8 1/4.
-1/6 + 5 1/2 + -1/2
Add -1/2 to 5 1/2.
-1/6 + 5
Add 5 to -1/6.
4 5/6 is the fully simplified answer.
Hope this helps!
Answer:
2/8 which simplifies to 0.111111
Step-by-step explanation:
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
She owes more than 5 dollars because if it’s less then it won’t make sense
