Final answer:
The president received $1,600,000, the vice president received $1,200,000, and the financial officer received $800,000 from the company's profits of $3,600,000 last year.
Step-by-step explanation:
The president, vice president, and financial officer of a company divide the profits in a 4:3:2 ratio. The total profits made by the company last year were $3,600,000. To determine how much each person received, the total must be divided according to the given ratio.
To do this, first sum the parts of the ratio: 4+3+2 = 9. Then, divide the total profits by this sum to find the value of one part: $3,600,000 ÷ 9 = $400,000. Now, you can calculate the amounts for each position by multiplying the value of one part by the number of parts each position gets:
- President: 4 parts x $400,000 = $1,600,000
- Vice-President: 3 parts x $400,000 = $1,200,000
- Financial Officer: 2 parts x $400,000 = $800,000