Answer:
88
Step-by-step explanation:
44 / 0.5 = 44*2 = 88
Lets calculate the taxes that would been payed at each city:
city1 = 12000(7%) = 12000(0.07) = 840
city2 = <span>12000(8.5%) = 12000(0.085) = 1020
So if you go to city1 instead of city2, you save 1020 - 840 = 180
So you would save $180 from $12000, that is:
180 out of 12000
= 180/12000
= 0.015
and that is the 1.5%, that is what you could save</span>
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:
Jayce's fee for his
drive is equal to
dollars.
Step-by-step explanation:
models Jayce's fee (in dollars) for his
drive on a certain day.
Substitute
then
models Jayce's fee (in dollars) for his
drive on a certain day.
This means Jayce's fee for his
drive is equal to
dollars.