Find the sum of the geometric series.
Express the answer as a fraction.
A. 
B. 
C. 
D. 
Answer: B
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Trident Food Corporation generated the following income statement for the most recent fiscal year: ? Sales revenues $150,000 Variable cost of sales (120,000) Gross profit 30,000 Fixed operating costs (10,000) Net operating income (EBIT) $20,000 ? What is the degree of operating leverage (DOL) for Trident Food?
A. 1.5× B. 7.5× C. 5.0× D. 1.4× E. 2.5×
Solve the system of equations by the addition method.
A. 
B. no solution
C. (5, 24)
D. (24, 5)
Rewrite the series using summation notation. Use 1 as the lower limit of summation.2(12) + 2(22) + . . . + 2(52)
A. 
B. 
C. 
D. 
Solve for the indicated variable.P = P0ekt/1000, for t
A. t = 
ln (P - P0)
B. t = 
ln 
C. t = 
ln 
D. t = 