
Eliezer D. answered 01/02/19
Tutor
5
(3)
Dynamic CPA Exam, EA Exam, Accounting, Finance, & Economics Tutor
A ratio of 3:4, new to old, means that 3/7 of the cars are new, and 4/7 of the cars are old.
(3/7) * 798 = 342 New Cars
(4/7) * 798 = 456 Old Cars
To check your answer: 342 New + 456 Old = 798 Total Cars.