business math help please

Algebra
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EBIT(1 – .40)/2,700 = [EBIT – .10($65,700)](1 – .40)/900 solve for EBIT

Apr 2nd, 2015

assume EBIT is x

(1-0.4)x/2700=(x-0.1*65700)(1-0.4)/900

0.6x/2700=(x-6570)(0.6)/900

do a cross multiplication

2700(x-6570)(0.6)=0.6x*900

1620(x-6570)=540x

1620x-10643400=540x

x=(1620-540)/10643400=1.01*10^-4

Apr 2nd, 2015

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Apr 2nd, 2015
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Apr 2nd, 2015
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