Using the income statement below, calculate the following profitability ratios for Western Bookkeeping and Tax Service. Assume that stockholder's equity equals $441,600 and total assets equal $640,000.
Profit margin ratio
Return on equity ratio
Asset turnover ratio
Write the profit margin and return on equity ratios as a percent, rounded to the nearest percent. Write the asset turnover ratio as a decimal, rounded to two decimal places.

Using The Income Statement Below, Calculate The Following Profitability Ratios For Western Bookkeeping

Answers

Answer 1

The computation of the profitability ratios for Western Bookkeeping and Tax Service is as follows:

Profit margin ratio = 8%Return on equity ratio = 8%Asset turnover ratio = 0.75.

What are profitability ratios?

Profitability ratios are the financial ratios that evaluate an entity's ability to convert its earnings (revenue) into profit versus different criteria.

Some of the common profitability ratios include:

Gross Profit MarginOperating Income RatioNet Income RatioReturn on Investment (ROI)Return on EquityReturn on Total AssetsAsset turnover RatioEarnings per share.

Stockholders' equity = $442,600

Total assets = $640,000

Net sales = $480,000

Net income = $36,000

Profit margin ratio = Net income/Net Sales x 100

= $36,000/$480,000 x 100

= 7.5%

= 8%

Return on equity ratio = Net income/Shareholders' Equity x 100

= $36,000/$442,600 x 100

= 8.13%

= 8%

Asset turnover ratio = Net Sales/Total Assets

= $480,000/$640,000

= 0.75

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The amount of water that fits in a fish tank represents the _______________ of the fish tank.

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Answer:

Volume

Step-by-step explanation:

The amount of water that fits in a fish tank represents the Volume of the fish tank.

When you pour water, it occupies the space and the weight of the tank increases. So, it represent the volume

Find the mean for the scores: 3.850; 5,300: 8,540; 4.300; 5,360. ​

Answers

Answer:5470

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Step-by-step explanation:

a) 2x – 7x +3y if x= 3, y= -4
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Answers

a) 2(3) - 7(3) + 3(-4)
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is 2+2=4 or is it 2+2=22

Answers

Answer:

[tex]2+2=4[/tex] obviously...

Pls mark brainliest!

Answer:

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Step-by-step explanation:

if you wanna be hallarius then 22 but the real mathmatics is 4

PLS GIVE BRAINLIEST

A carnival game involves drawing a card from a deck of 40 cards, replacing it, shuffling the deck, and drawing another
card. Thirty of the cards are blank and ten are labeled 8 tokens. Your prize is the sum of the cards you draw. What is the
expected payoff for this game?
4 tokens
2 tokens
8 tokens
O tokens

Answers

Answer:

4 tokens.

Step-by-step explanation:

The expected value of a given event is calculated as:

EV = (x₁*p₁ + x₂*p2 + ... + xₙ*pₙ)

Where xₙ is the n-th outcome, and pₙ is its probability.

In this case, our experiment is:

You draw two times.

We have 30 cards with no prize

We have 10 cards with a prize.

A total of 40 cards.

As we draw two times (and the first time we draw a card we put it back in the deck) we can consider the events as independent, so we can find the expected value per draw.

Now we can define:

x₁ = drawing a blank card = 0 tokens

The probability will be equal to the quotient between the number of blank cards and the total number of cards

p₁ = 30/40 = 3/4

x₂ = drawing a prized card = 8 tokens.

The probability will be equal to the quotient between the number of prized cards and the total number of cards:

p₂ = 10/40 = 1/4

Then the expected value per draw is:

EV = ( (3/4)*0 tokens + (1/4)* 8 tokens) = 2 tokens.

And we have two draws, then the expected value of two draws is two times the expected value per draw, this means that the expected value in our case is:

expected value = 2*(2 tokens) = 4 tokens.

The correct option is the first one, counting from the top.

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B. How will the product of 2.7 X 10.6 compare to the product of 3 X 10.6? Explain your answer.


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Answers

Answer:

Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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In the image below, the length of the arc defined by the sector is

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Step-by-step explanation:

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

Answer:

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Answer:

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Step-by-step explanation:

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Answer:

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Answer:

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

C and D are mutually exclusive events. Find P(C or D).
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Answers

Answer:

[tex]P(C\ or\ D) = 1[/tex]

Step-by-step explanation:

Given

[tex]P(C) = \frac{3}{7}[/tex]

[tex]P(D) = \frac{4}{7}[/tex]

Required

[tex]P(C\ or\ D)[/tex]

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The base of a solid is the region in the first quadrant between the graph of y=x2 and the x -axis for 0≤x≤1 . For the solid, each cross section perpendicular to the x -axis is a semicircle. What is the volume of the solid?

Answers

Answer:

The volume of the solid is π/40 cubic units.

Step-by-step explanation:

Please refer to the graph below.

Recall that the area of a semi-circle is given by:

[tex]\displaystyle A=\frac{1}{2}\pi r^2[/tex]

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[tex]\displaystyle V=\frac{1}{2}\pi \int_0^1\frac{x^4}{4}\, dx[/tex]

Integrate:

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Evaluate:

[tex]\displaystyle V=\frac{\pi}{40}\left((1)^5-\left(0\right)^5\right)=\frac{\pi}{40}\text{ units}^3[/tex]

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Volume of a solid is the measure of the 3 dimensional space it occupies. The volume of the considered solid is obtained as [tex]\dfrac{\pi}{40} \: \rm unit^3[/tex]

How to find the volume of a three dimensional region bounded by curves?

For that, we can try to find infinitesimally small 3-d region's volume, and then integrate that region over the dimensions available to get the total volume of the specified region.

We can also use the fact that continuous curves are almost linear and non-changing in infinitely zoomed region.

The given solid has base bounded by x-axis, [tex]y=x^2[/tex] and 0≤x≤1

Its three dimensional region is along the z axis, for each x, there is a semicircle perpendicular with radius being 'y'.

If we take [tex]dx[/tex]x-axis, then the curve  [tex]y=x^2[/tex]cylinder(split from height because of semicircle)) with diameter y, and height [tex]dx[/tex]volume is : [tex]V_{dx} = \dfrac{1}{2} \times \pi (\dfrac{y}{2})^2 \times dx = \dfrac{\pi (x^2)^2}{8}dx = \dfrac{\pi x^4}{8} dx[/tex]

Integrating this for 0≤x≤1, we will get the volume of the three dimensional region needed as:

[tex]V = \int_0^4V_{dx} = \int_0^1 \dfrac{\pi x^4}{8} dx = \dfrac{\pi}{8} [\dfrac{x^5}{5}]^1_0 = \dfrac{\pi 1^4}{40} = \dfrac{\pi}{40}[/tex] (in cubic units).

Thus, the volume of the considered solid is obtained as [tex]\dfrac{\pi}{40} \: \rm unit^3[/tex]

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The variables x and y vary inversely, and x = 12 when y = 6. Use the inverse variation formula, k = xy, to
find y when x = 3.

Answers

Answer:

D=24

Step-by-step explanation:

y inversely as x

x=k/y

By cross multiplication

k=xy

k=12*6

k=72

finding y

72=3y

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The value of y given the inverse proportional relationship between the variables is b24.

What is the inverse proportion?

When two variables vary inversely, as one of the variable increases, the other variable decreases.

The equation that represents inverse proportion : x = k / y

where b = constant of proportionality

k = xy

k = 12 x 6 = 72

y = k / x

72 / 3 = 24

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Suppose you have a right triangle with congruent legs and a hypotenuse that measure (12√5)/5. What is the length of the smaller leg? Round to the nearest hundredth

Answers

Answer:

5.4 is the length

Step-by-step explanation:

5.333 - (12√5)/5 - round to nearest hundreth (5.4)

length total 5.4

Thanks and Rate my Answer Please!

The length of the smaller leg is 3.8 unit.

What is Pythagoras theorem?

Pythagoras theorem states that "the sum of the areas of the two squares on the legs (a and b) equals the area of the square on the hypotenuse (c)" i.e.

[tex]c^{2} = a^{2} + b^{2}[/tex]

Let the length of the leg be b and a.

According to the given question.

We have a rigth triangle which have congruent legs.

And hypotenuse, c = [tex]\frac{12\sqrt{5} }{5}[/tex]

Since, the legs are congruent.

Therefore,

a = b

Now, according to the Pythagoras theorem.

[tex]c^{2} = a^{2} + b^{2}[/tex]

[tex]\implies c^{2} = a^{2} + a^{2}[/tex]

[tex]\implies c^{2} = 2a^{2}[/tex]

[tex]\implies (\frac{12\sqrt{5} }{5} )^{2} = 2a^{2}[/tex]

[tex]\implies \frac{144\times 5}{25} = 2a^{2}[/tex]

[tex]\implies \frac{144}{5} = 2a^{2}[/tex]

[tex]\implies \frac{72}{5} = a^{2}[/tex]

[tex]\implies a = \sqrt{\frac{74}{5} }[/tex]

[tex]\implies a = \sqrt{14.8}[/tex]

[tex]\implies a = 3.84[/tex]

[tex]\implies a = 3.8[/tex] unit

Hence, the length of the smaller leg is 3.8 unit.

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$? Kim spent 41/100 ​

Answers

Answer:

Drag the tiles to the correct boxes to complete the pairs. Not all tiles will be used

Step-by-step explanation:

Answer:

$0.27

Step-by-step explanation:

In total, Kim has .68 cents to spend.

She spend .41 cents.

0.68-0.41=0.27

Therefore, Kim has a total of .27 cents left over.

Find the slope and y-intercept from the following graph of a linear equation.

Answers

The y intercept is -2

Easy problem just look at the photo

Answers

Answer:

55

Step-by-step explanation:

a triangle adds up to 180°

25+30+x= 180

55+x=180

x=180-55

x=125

x and y is a straight line so it adds up to 180°

x=125 y=?

x+y=180

125+y=180

y=180-125

y=55°

y= 55°

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