1) Mad Dog Fence company expects to sell 300 fences p/yr for $1000 each. Monthly sales are 20% cash and 80% credit. Operating expenses are: variable costs of $450 p/fence and annual fixed costs of $80,000. Mad Dogs total assets are worth $200,000. This include hammers, saws, post hole diggers and a truck and trailer for hauling equipment to work sites. James, the owner expects a 16% rate of return of return on assets. What is Mad Dogs annual Return on Investment? 10 a. 43% b. 83% c. 55% d. 32%

2) Mad Dog Fence company expects to sell 300 fences p/yr for $1000 each. Monthly sales are 20% cash and 80% credit. Operating expenses are: variable costs of $450 p/fence and annual fixed costs of $80,000. Mad Dogs total assets are worth $200,000. This include hammers, saws, post hole diggers and a truck and trailer for hauling equipment to work sites. James, the owner expects a 16% rate of return of return on assets. What is Mad Dogs Sales Margin? 10 a. 55% b. 28% c. 43% d. 66%

3) Mad Dog Fence company expects to sell 300 fences p/yr for $1000 each. Monthly sales are 20% cash and 80% credit. Operating expenses are: variable costs of $450 p/fence and annual fixed costs of $80,000. Mad Dogs total assets are worth $200,000. This include hammers, saws, post hole diggers and a truck and trailer for hauling equipment to work sites. James, the owner expects a 16% rate of return of return on assets. What is Mad Dogs Turnover? 10 a. 66% b. 1.50 c. 43% d. 1.21

4) Mad Dog Fence company expects to sell 300 fences p/yr for $1000 each. Monthly sales are 20% cash and 80% credit. Operating expenses are: variable costs of $450 p/fence and annual fixed costs of $80,000. Mad Dogs total assets are worth $200,000. This include hammers, saws, post hole diggers and a truck and trailer for hauling equipment to work sites. James, the owner expects a 16% rate of return of return on assets. What is Mad Dogs Residual Income? 10 a. $85,000 b. $32,000 c. $53,000 d. $133,000