Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 14, 2024

A company has invested assets of $3,500,000, total sales of 30,000 units and a desired ROI per unit of 20% . What is the ROI

A company has invested assets of $3,500,000, total sales of 30,000 units and a desired ROI per unit of 20% . What is the ROI per unit?

Group of answer choices

$233.33

$70.

$23.33

$700,000.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting

Authors: Mark Lee Inman

1st Edition

0434908304, 9780434908301

More Books

Students also viewed these Accounting questions

Question

★★★★★

Let f(x, y|1, 2, 3, 4) be the bivariate pdf for the uniform distribution on the rectangle with lower left corner (1, 2) and upper right corner (3, 4) in 2. The parameters satisfy 1 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★

Refer to QS 4-8 and prepare journal entries to close the balances in temporary revenue and expense accounts. Remember to consider the entry for shrinkage that is made to solve QS 4-8. Merchandise...

Answered: 1 week ago

Question

★★★★★

What is the persons job (e.g., professor, student, clinician)?

Answered: 1 week ago

Question

★★★★★

Tabulation and Interpretation of Survey Results Your business communication class at South Bay College was asked by the college bookstore manager, Harry Locke, to conduct a survey. Concerned about...

Answered: 1 week ago

Question

★★★★★

ASAP Question 8 Not yet answered Marked out of 21.00 Prag question Consolidation at date of acquisition (purchase price greater than book value, acquisition journal entries Assume that the parent...

Answered: 1 week ago

Question

★★★★★

ICA 5 Margaret owned an antique store that specialised in rare porcelain dolls. When she opened the business in 1989, it was at a shop in an eastern suburb of Gaborone. In 1999 she started to...

Answered: 1 week ago

Question

★★★★★

Twenty movies were released over a particular summer and their MPAA ratings (G, PG, PG-13, R) are given in the table below. G G G PG PG PG G G G G PG G G PG PG13 PG G R PG13 G a) Complete the...

Answered: 1 week ago

Question

★★★★★

Joaquin goes for a job interview and is surprised that the interviewer asks him about his personal standards regarding how he would handle certain situations. He expected that the focus would be on...

Answered: 1 week ago

Question

★★★★★

1. A particle moves with amplitude A and period T, as shown in the figure. Express the following in terms of A and T and numerical constants (if necessary). (3 marks) M T A a. The time at which the...

Answered: 1 week ago

Question

★★★★★

Using this ER-Diagram, write an SQL Statement using CONSTRAINTS command and show atleast 1 data of the database. Write down below the SQL Statements and commands that was used. PDiagnosis PAddress...

Answered: 1 week ago

Question

★★★★★

1. (a)(i) What problem has been brought about by uncontrolled mining of minerals in Kenya? (ii) Where is fluorspar mined in Kenya? (iii) Describe how trona is mined and processed in Magadi (b) (i)...

Answered: 1 week ago

Question

★★★★★

Explain the various employee benefit laws.

Answered: 1 week ago

Question

★★★★★

Describe direct financial compensation (core compensation), indirect financial compensation (employee benefits), and nonfinancial compensation.

Answered: 1 week ago

Question

★★★★★

Describe the premium pay benefit practice.

Answered: 1 week ago

Previous Question Next Question