Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 31, 2024

Arbus Company provided the following information: Turnover 4.2 Operating assets $137,000 Operating income 6,960 Required: 1. What is ROI? (Round your answer to three decimals.)

Arbus Company provided the following information:

Turnover	4.2
Operating assets	$137,000
Operating income	6,960

Required:

1. What is ROI? (Round your answer to three decimals.) fill in the blank 1

2. What is margin? (Round your answer to two decimals.) fill in the blank 2

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

Financial Accounting In An Economic Context

Authors: Jamie Pratt

7th Edition

0470128828, 978-0470128824

More Books

Students also viewed these Accounting questions

Question

★★★★★

Define and explain privity, primary beneficiary, foreseen party, and foreseeable party in terms of the degree of failure to exercise the appropriate level of professional care on the part of auditors...

Answered: 1 week ago

Question

★★★★★

Visit the websites: https://www.marriott.com/default.mi https://www.wyndhamhotels.com/ Think about their target market and the brand image it should portray. 1. With Covid 19 being a major concern to...

Answered: 1 week ago

Question

★★★★★

In a single throw of a die, consider the events A = {1, 2, 3} and B = {2, 4, 6}. The event (B A) is equal to (a) {4} (b) {2, 4, 5, 6} (c) {1, 3} (d) {4, 6} (e) {1, 2, 3, 5}.

Answered: 1 week ago

Question

★★★★★

Shown below are the T-accounts relating to equipment that was purchased for cash by a company on the first day of the current year. The equipment was depreciated on a straight-line basis with an...

Answered: 1 week ago

Question

★★★★★

Matching: A. 1,3-dimethylcyclohexanol B. cis-1,3-dichlorocyclopentane C. (2E, 4Z)-7-chloro-2,4-heptadiene D. (R)-2-bromo-1,1,1-triflurobutane E. (Z)-4-ethyl-2,6-dimethyl-3-heptene F....

Answered: 1 week ago

Question

★★★★★

Omni Technology Holding Company has the following three affiliates: Sales Net income (after taxes) Assets Stockholders' equity Software $ 46,220,000 2,063,000 5,280,000 4,260,000 Personal Computers $...

Answered: 1 week ago

Question

★★★★★

a. A sample of 95 employees of Malindi Tyre Company were asked which means of transport they used t and the following data was obtained; Means of Transport Number of Employees Matatu 41 Personal Car...

Answered: 1 week ago

Question

★★★★★

What happens in Stage Four, the turning point? a. The individual or team gives up. b. The individual or team commits to move forward. c. The team doesn't have all the answers. d. All the above

Answered: 1 week ago

Question

★★★★★

"A low-cost carrier or low-cost airline (also known as a no-frills, discount or budget carrier or airline) is an airline that offers generally low fares in exchange for eliminating many traditional...

Answered: 1 week ago

Question

★★★★★

List the attributes along which customer demand from different segments can vary that are important to supply chain management.

Answered: 1 week ago

Question

★★★★★

in quickbooks online: Sarah at the sarah's spa is looking for an employee who has been terminated but not deleted from the employee list, but she can't find the employee. What should she do to...

Answered: 1 week ago

Question

★★★★★

Why is job analysis information, discussed in Chapter 2, necessary before job evaluations can be performed?

Answered: 1 week ago

Question

★★★★★

Explain the legal aspect of a performance appraisal system. Under what circumstances could it become a crucial document?

Answered: 1 week ago

Question

★★★★★

Himmelman read about new approaches to pay policies such as variable pay and profit sharing, and he wondered whether either one would be a suitable solution for the subsidiary, especially profit...

Answered: 1 week ago

Previous Question Next Question