1.The following information is available for our company for the current year:

operating income, $45,000;

average total assets, $400,000;

net sales, $900,000; and

required rate of return, 12%.

what is the minimum acceptable operating income.

A.($3,000)

B. $3,000

c. $45,000

d. $48,000

2.what is the asset turnover totwo decimal places.

A. 2.25 times

B. 4.44 times

C. 5.00 times

D. 8.89 times

3.what is the profit margin to two decimal places.

A.4.44%

B.5.00%

C.8.89%

D.11.25%

4.The following information is available for our company for the current year:

• operating income, $75,000;
• average total assets, $500,000;
• net sales, $750,000; and
• required rate of return, 12%.

what is thereturn on investment (ROI)rounded to two decimal places.

A.6.67%

B.10.00%

C.15.00%

D.16.67%