Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 15, 2024

BR Company has a contribution margin of 16%. Sales are $446.000, net operating income is $71,360, and average operating assets are $132,000. What is the

BR Company has a contribution margin of 16%. Sales are $446.000, net operating income is $71,360, and average operating assets are $132,000. What is the company's return on investment (RON? Multiple Choice 54.1% 3.4% O o 0.3% 16.0%

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

Construction Contractors AICPA Audit And Accounting Guide

Authors: American Institute Of CPAs

1st Edition

0870519751, 978-0870519758

More Books

Students also viewed these Accounting questions

Question

★★★★★

A new storm drainage system must be constructed right away to reduce periodic flooding that occurs in a city that is in a valley. Five mutually exclusive designs have been proposed, and their present...

Answered: 1 week ago

Question

★★★★★

Consider a manufacturing process that sequentially produces items, each of which is either defective or acceptable. The following type of sampling scheme is often employed in an attempt to detect and...

Answered: 1 week ago

Question

★★★★★

Simon Manufacturing Corporation accumulates the following data relative to jobs started and finished during the month of June 2012. Overhead is applied on the basis of standard machine hours. Three...

Answered: 1 week ago

Question

★★★★★

BR Company has a contribution margin of 16%. Sales are $446.000, net operating income is $71,360, and average operating assets are $132,000. What is the company's return on investment (RON? Multiple...

Answered: 1 week ago

Question

★★★★★

Rick and Lenora were granted a divorce in 2013. In accordance with the decree, Rick made the following payments to Lenora in 2014: Child support payments contingent on the age of the child $4,000...

Answered: 1 week ago

Question

★★★★★

You are performing an earned value analysis (EVM) on your 28-week project. The project was scheduled to be 50% complete at this time. You have finished 14 of the 32 deliverables (all of equal value)....

Answered: 1 week ago

Question

★★★★★

13. Which stress value(s) will be nonzero at location J? A. Ozz B. Oyy X C. Ozz D. y E. Ozz F. Oyz X y A M Cross Section at A-A Y Z A B 0/1 points

Answered: 1 week ago

Question

★★★★★

Question on setting up supplier records(Q=115.F.M.CS.S.Q1) After you have finished setting up the supplier records for Hi-Fi Way, Edgar asks you to perform the following steps in MYOB and then...

Answered: 1 week ago

Question

★★★★★

Which forms of speculation or postponement is each of the following? (Explain in full) 1) A computer hardware company is producing parts of the computer and ship. them to market but only assemble...

Answered: 1 week ago

Question

★★★★★

Identify and describe the most possible generic strategy (ies) followed by your corporation. Mention the evidence you find from the corporate site. Use the industry analysis (Five Forces of Porter...

Answered: 1 week ago

Question

★★★★★

Analyse in what circumstances these practices contribute to organisational effectiveness.

Answered: 1 week ago

Question

★★★★★

Assess the role of government and other agencies in initiating development in learning and training.

Answered: 1 week ago

Question

★★★★★

Explain a number of different approaches organisations take to learning and talent development. Understand the component parts of the learning cycle.

Answered: 1 week ago

Previous Question Next Question