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18 November, 11:09

Holiday Company is a seasonal business. It earned twice as much in the fourth quarter as it did in each of the other quarters. What part of the earnings came from the fourth quarter

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  1. 18 November, 13:04
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    If the first 3 quarters each earn E dollars, then the fourth quarter earned 2E dollars for an annual earning of 3E+2E=5E dollars.

    So the fourth quarter earned 2E/5E = 2/5 = 0.4 = 40% of the annual earnings.
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