[Solved] An Investment center of Zachary Corporati

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 14, 2024

An Investment center of Zachary Corporation shows an operating income of balance $in 8,364 on total operating assets of $68,000. Required Compute the return on

An Investment center of Zachary Corporation shows an operating income of balance $in 8,364 on total operating assets of $68,000.

Required

Compute the return on investment. (round your answer to 2 decimal places.

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

Uniform Administrative Requirements Cost Principles And Audit Requirements For Federal Awards A Handbook For Institutions Of Higher Education And State And Local Governments

Authors: Andrew Shepard-Smith

1st Edition

ISBN: 1505298482, 978-1505298482

More Books

Students also viewed these Accounting questions

Question

★★★★★

In Figure a fastidious worker pushes directly along the handle of a mop with a force F. The handle is at an angle ? with the vertical, and ?s and ?k are the coefficients of static and kinetic...

Answered: 1 week ago

Question

★★★★★

Find the area of the triangle with base b and height h. b = 5 inches, h = 8 inches

Answered: 1 week ago

Question

★★★★★

How do community psychology principles get applied to the mental health issues presented?

Answered: 1 week ago

Question

★★★★★

Presented below is an amortization schedule related to Spangler Company??s 5-year, $100,000 bond with a 7% interest rate and a 5% yield, purchased on December 31, 2010, for $108,660. The following...

Answered: 1 week ago

Question

★★★★★

An Investment center of Zachary Corporation shows an operating income of balance $in 8,364 on total operating assets of $68,000. Required Compute the return on investment. (round your answer to 2...

Answered: 1 week ago

Question

★★★★★

B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $288,000 and has a 12 -year life and no salvage value. The...

Answered: 1 week ago

Question

★★★★★

The primary purpose of collecting, reporting, and acting on quality costs is to reduce: A) failure costs B) profit C) defects D) overall quality costs t Page

Answered: 1 week ago

Question

★★★★★

Using the Smith's BBQ Report, if your Total Cost of Sales will increase by 1 % next week, how much in Total Sales must you make next week in order for your gross margin to equal $ 3 2 , 0 0 0 ? (...

Answered: 1 week ago

Question

★★★★★

Part 2: Solve a real-world problem using a square root function. When Isabel began her book-selling business, she stored her inventory in her garage. Now that her business has grown, she wants to...

Answered: 1 week ago

Question

★★★★★

Find dy/dx if x = te, y = 2t2 +1

Answered: 1 week ago

Question

★★★★★

Problem 3. (15 pts) Find the responses of systems governed by the following equations of motion for the initial conditions x(0) = 1, x(0) = -1: a. 2x8x + 16x = 0 b. 3x + 12x + 9x = 0 c. 2x+8x+8x= 0

Answered: 1 week ago

Question

★★★★★

(Appendices) Describe the difference between F.O.B. shipping point and F.O.B. destination. LO56

Answered: 1 week ago

Question

★★★★★

(Appendices) INTERNAL CONTROL FOR SALES. Yancys Hardware has three stores. Each store manager is paid a salary plus a bonus on the sales made by his or her store. On January 5, 19x6, Bill Slick,...

Answered: 1 week ago

Question

★★★★★

(Appendices) ETHICS AND INVENTORIES. Mary Cravens is an accountant for City Appliance Corporation. One of Marys responsibilities is developing the ending inventory amount for the calculation of cost...

Answered: 1 week ago

Previous Question Next Question