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.)
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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