
Concept explainers
Business and Finance The formula for a company’s net profit margin M expressed as a percent is given by
where I represents net income and R represents net revenue.
If a company had a net profit margin of 2.85% on net revenue of $4,625,000, what was its net income? (Round to the nearest hundred dollars.)

Want to see the full answer?
Check out a sample textbook solution
Chapter 7 Solutions
Mathematics for the Trades: A Guided Approach, Books a la Carte edition (11th Edition)
Additional Math Textbook Solutions
Elementary Statistics (13th Edition)
Pathways To Math Literacy (looseleaf)
Beginning and Intermediate Algebra
Elementary Algebra For College Students (10th Edition)
Calculus: Early Transcendentals (2nd Edition)
Finite Mathematics for Business, Economics, Life Sciences and Social Sciences
- Consider the graph/network plotted below. 1 6 5 3 Explicitly give (i.e., write down all of the entries) the adjacency matrix A of the graph.arrow_forward. Given the function f: XY (with X and Y as above) defined as f(2) = 2, f(4) = 1, ƒ(6)=3, ƒ(8) = 2, answer the following questions. Justify your answers. (a) [4 points] Is f injective? (b) [4 points] Is f surjective? (c) [2 points] Is f bijective?arrow_forward1. Let 15 -14 A = -10 9 13-12 -8 7 11 15 -14 13 -12 -6 and B = -10 9 -8 7 -6 5 -4 3 -2 E 5 -4 3 -2 1 Explicitly give the values of A2,3, A1,5, and B1,4- Is A a 5 x 3 matrix? Explain your answer. Are A and B (mathematically) equal? Explain your answer.arrow_forward
- Given the following set X = {2, 4, 6, 8} and Y = {1, 2, 3}, explicitly give (e.g., write down the sets with numerical entries) of the outputs of the following requested set operations: (a) [2 points] XUY (Union) (b) [2 points] XY (Intersection) (c) [3 points] X\Y (Difference) (d) [3 points] XAY (Symmetric Difference)arrow_forward4.2 Product and Quotient Rules 1. 9(x)=125+1 y14+2 Use the product and/or quotient rule to find the derivative of each function. a. g(x)= b. y (2x-3)(x-1) c. y== 3x-4 √xarrow_forward4.2 Product and Quotient Rules 1. Use the product and/or quotient rule to find the derivative of each function. 2.5 a. g(x)=+1 y14+2 √x-1) b. y=(2x-3)(x-:arrow_forward
- For what values of k will the equation (k + 1)x² + 6kx + 2k² - x = 0 have: a) one root equal zero b) one root the reciprocal of the other c) roots numerically equal but of opposite signarrow_forward3. The total profit (in dollars) from selling x watches is P(x)=0.52x²-0.0002x². Find and interpret the following. a) P(100) b) P'(100)arrow_forward3. Find the slope and the equation of the tangent line to the graph of the given function at the given value of x. -4 f(x)=x-x³;x=2arrow_forward
- 2. Find the equation of the tangent line to the graph of the given function at the given point. f(x)=(x+3)(2x²-6) at (1,-16)arrow_forward6. Researchers who have been studying the alarming rate at which the level of the Dead Sea has been dropping have shown that the density d (x) (in g per cm³) of the Dead Sea brine during evaporation can be estimated by the function d(x)=1.66 0.90x+0.47x², where x is the fraction of the remaining brine, 0≤x≤1. a) Estimate the density of the brine when 60% of the brine remains. b) Find and interpret the instantaneous rate of change of the density when 60% of the brine remains.arrow_forward5. If g'(5) 10 and h'(5)=-4, find f'(5) for f(x)=4g(x)-2h(x)+3.arrow_forward
- Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal LittellCollege AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage LearningAlgebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillMathematics For Machine TechnologyAdvanced MathISBN:9781337798310Author:Peterson, John.Publisher:Cengage Learning,Elementary AlgebraAlgebraISBN:9780998625713Author:Lynn Marecek, MaryAnne Anthony-SmithPublisher:OpenStax - Rice University





