28. Last year the Uptown Division of Gorcen Enterprises had sales of $410,000 and a net operating income of $34,440. The average operating assets at Uptown last year amounted to $138,000. Last year at Uptown the margin used to calculate ROI amounted to: 8% 12% 25% 34% 29. Last year the Uptown Division of Gorcen Enterprises had sales of $301,400 and a net operating income of $23,975. The average operating assets at Uptown last year amounted to $137,000. At Uptown the turnover used to calculate ROI last year was: 0.5 2.2 2.9 4.4 30. Last year the Uptown Division of Gorcen Enterprises had sales of $693,000 and a net operating income of $46,530. The average operating assets at Uptown last year amounted to $198,000. Last year at Uptown the return on investment was: (Do not round intermediate calculations.) 12% 16% 24% 29% 11 . Prester Corporation has budgeted production for next year as follows: Quarter First Second Third Fourth Production in units 84,500 88,500 102,900 113,700 Two pounds of material A are required for each unit produced. The company has a policy of maintaining a stock of material A on hand at the end of each quarter equal to 25% of the next quarter's production needs for material A. A total of 32,500 pounds of material A are on hand to start the year. Budgeted purchases of material A for the second quarter would be: 184,200 pounds O 177,000 pounds 228,450 pounds O 169,800 pounds 15. Adi Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year: September October November December $952,000 $1,016,000 $964,000 $888,000 At Adi, 30% of raw materials purchases are normally paid for in the month of purchase. The remaining 70% is paid for in the month following the purchase. How much cash should Adi expect to pay out for raw material purchases during November? O $1,000,400 $422,000 $711,200 O $289,200