Use proportions to solve the following problem. Last year, net profits of a company were nine-nineteenths of revenue. If the company declared a dividend of $17,586 and three-sevenths of the net profit was retained in the company, what was last year's revenue? Total revenue generated by the company is S. (Round to the nearest dollar as needed.)
Use proportions to solve the following problem. Last year, net profits of a company were nine-nineteenths of revenue. If the company declared a dividend of $17,586 and three-sevenths of the net profit was retained in the company, what was last year's revenue? Total revenue generated by the company is S. (Round to the nearest dollar as needed.)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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![Use proportions to solve the following problem.
Last year, net profits of a company were nine-nineteenths of revenue. If the company declared a dividend of $17,586 and three-sevenths of the net profit was retained in the company, what was last year's revenue?
Total revenue generated by the company is $
(Round to the nearest dollar as needed.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fad5a989f-8312-4fed-a5d0-fc6f8c08d992%2F6a9741c9-557c-4922-b432-a3c57df1f711%2Fkpezqu_processed.png&w=3840&q=75)
Transcribed Image Text:Use proportions to solve the following problem.
Last year, net profits of a company were nine-nineteenths of revenue. If the company declared a dividend of $17,586 and three-sevenths of the net profit was retained in the company, what was last year's revenue?
Total revenue generated by the company is $
(Round to the nearest dollar as needed.)
![The working capital at the end of the third quarter was 74% higher than at the end of the second quarter. What was the amount of working capital at the end of the second quarter if the working capital at the end of the third quarter was $74,681?
The amount was $
(Round to the nearest integer.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fad5a989f-8312-4fed-a5d0-fc6f8c08d992%2F6a9741c9-557c-4922-b432-a3c57df1f711%2F0en21p_processed.png&w=3840&q=75)
Transcribed Image Text:The working capital at the end of the third quarter was 74% higher than at the end of the second quarter. What was the amount of working capital at the end of the second quarter if the working capital at the end of the third quarter was $74,681?
The amount was $
(Round to the nearest integer.)
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