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: 17000000 ounces of gold were mined in that country that year.
Step-by-step explanation:
Let x represent the number of ounces of gold that were mined in that country that year.
Approximately 1,870,000 oz of gold went into the manufacturing of electronic equipment in a certain country in 1 year. This was 11% of all the gold mined in that country that year. This means that
11/100 × x = 1870000
0.11x = 1870000
x = 1870000/0.11
x = 17000000
Answer:
debes hacer l regla de tres
Step-by-step explanation:
Answer:
6x+20y
Step-by-step explanation:
