Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 23, 2024

Carla Vista Corporation had sales of $3009000 and operating income of $514646. Carla Vi also had $918000 of assets on January 1 and $809000 on

Carla Vista Corporation had sales of $3009000 and operating income of $514646. Carla Vi also had $918000 of assets on January 1 and $809000 on December 31. What is the corporation's ROI for the year? O 34.8% 26.9% 59.6% O 58.5%

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

Government Contract Accounting Made Easy The Uncomplicated Guide To Compliance Pricing And Profitability

Authors: Robert E. Jones

1st Edition

979-8988831204

More Books

Students explore these related Accounting questions

Question

True or False. A corporation recognizes all gains and losses on liquidating distributions of property to noncorporate shareholders. Explain.

Answered: 3 weeks ago

Question

examine change leadership and change capability

Answered: 3 weeks ago

Question

Define conformity and obedience. Then, provide an example of each.

Answered: 3 weeks ago

Question

Chavez Corporation has 50,000 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to stockholders of record on December 1.The dividend is paid on December 31....

Answered: 3 weeks ago

Question

Answered: 3 weeks ago

Question

Many of us have the experience of having a great lesson but struggle to get learners to participate in discussions and learning activities. This is especially true in the remote learning environment....

Answered: 3 weeks ago

Question

8. Your father who is a manager, broke his arm because he slipped and fell in a hotel room shower while on a business trip. Is your father entitled to workers' compensation benefits? 3. A. 5.

Answered: 3 weeks ago

Question

Spade Manufacturing produces surfboards. The company uses a normal-costing system and allocates manufacturing overhead on the basis of direct manufacturing labor-hours. Most of the company's...

Answered: 3 weeks ago

Question

Telnex Corporation maintains its internal inventory records using first - in , first - out ( FIFO ) under a perpetual inventory system. The following information relates to its inventory during the...

Answered: 3 weeks ago

Question

Suppose a local college has tasked you to develop a database that will keep track of students and the courses that they have taken. In addition to tracking the students and courses, the client wants...

Answered: 3 weeks ago

Question

7) 0.5 kg of Nitrogen is compressed in a polytropic process with n = 1.3 from 150 kPa and 20C to 900 kPa in a piston-cylinder device. Determine the work done on the gas and heat transferred during...

Answered: 3 weeks ago

Question

Work with your instructor to select and locate a copy of a policy that applies to students at your school (i.e., adding/dropping a class; using the Internet to download music; posting flyers to...

Answered: 3 weeks ago

Question

How does the purpose of a proposals cover letter or memo differ from the purpose of the proposals summary? (Objective 3)

Answered: 3 weeks ago

Question

What is the inverted pyramid format? Why is it used when composing news releases? (Objective 6)

Answered: 3 weeks ago

Previous Question Next Question