When a business was declared bankrupt, it had creditors' claims ...

[james]

When a business was declared bankrupt, it had creditors' claims totaling 410,640. After all assets were sold and bankruptcy costs paid, 145,650 was left to pay creditors' claims. How much would a creditor receive if the creditor's claim was for 65,000?

Question 2

Thompson Tool had net sales of 760,110 and net income of 189,300 last year. What was Thompson's net profit margin, to the nearest tenth percent?

[jjorrostieta]

Answer to Question 1

23,054.87

Answer to Question 2

24.9