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10. The following information is available for the Super Company: Sales $1,000,000 Invested capital 420,000 Return on investment 23% What is the operating income? A)

10. The following information is available for the Super Company: Sales $1,000,000 Invested capital 420,000 Return on investment 23% What is the operating income? A) $62,500 B) $312,500 C) $100,000 D) $96,600

11. The following information is available. Total assets $170,000 Total current liabilities 110,000 Total expenses 63,000 Total liabilities 115,000 Total revenues 70,000 Operating inocme 7,000 Tax rate 40% After-tax cost of capital 12% Invested capital in defined as total assets less total liabilities. (round your answers to one decimal ' Return on sales equals A) 133.0% B) 50.0% C) 10% D) 75.0%

12. In a(n) center, managers are responsible for costs only. A) profit B) accounting C) investment D) cost

13. is the process by which organizations concentrate decision making within a particular location or group. A) Centralization B) Management by objective C) Balanced scorecard D) Decentralization

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