Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 12, 2024

Current Attempt in Progress An investment center generated a contribution margin of $360000, fixed costs of $200000 and sales of $1000000. The center's average operating

Current Attempt in Progress An investment center generated a contribution margin of $360000, fixed costs of $200000 and sales of $1000000. The center's average operating assets were $500000. How much is the return on investment? 212%112%32%72%

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

Practical Pension Scheme Accounting

Authors: Shona Harvie, Joanne Scriven, Phil Spary

2nd Edition

1526508974, 9781526508973

More Books

Students also viewed these Accounting questions

Question

★★★★★

One blade of a pair of scissors rotates counterclockwise in the xy plane. What is the direction of w? What is the direction of a if the magnitude of the angular velocity is decreasing in time?

Answered: 1 week ago

Question

★★★★★

3. List five stressful situations that you have experienced and identify coping strategies that you have used to address these situations. Classify these coping strategies within the two-dimensional...

Answered: 1 week ago

Question

★★★★★

4. Demonstrate how to do the assignment, do the first few questions together, or provide a sample worksheet.

Answered: 1 week ago

Question

★★★★★

Laser Delivery Services, Inc. (LDS) was incorporated January 1. The following transactions occurred during the year: a. Received $ 40,000 cash from the companys founders in exchange for common stock....

Answered: 1 week ago

Question

★★★★★

Practice Problem 2 . 1 9 Part A For x such that T M i n w x T M a x w the following function is defined: Fill in the following table describing the function T 2 U 4 . T 2 U w ( x ) = { x + 2 w , x 0...

Answered: 1 week ago

Question

★★★★★

In 2022, Australia experienced serious flooding disasters, particularly in Queensland, New South Wales and Victoria. Please use the Aggregate Expenditure function and the 45-degree line diagram to...

Answered: 1 week ago

Question

★★★★★

In this assignment, Tim Horton's has asked you and your team to do some research and introduce three new snacks. 1. Read the questions carefully. 2. What concepts can you draw from the textbook to...

Answered: 1 week ago

Question

★★★★★

you will be introduced with the Dynamic Host Control Protocol (DHCP) service available on Cisco routers. You are then required to design and setup a small enterprise network by putting together the...

Answered: 1 week ago

Question

★★★★★

1- Please look over the last problem for the week. Duffy Corporation has prepared the following sales budget: Month Cash Sales Credit Sales May $16,000 $68,000 June 20,000 80,000 July 18,000 74,000...

Answered: 1 week ago

Question

★★★★★

You are assigned the role of security manager. The Director of Operations, thinks this is a good opportunity to train all the facilities management staff in key elements of security. Recommending a...

Answered: 1 week ago

Question

★★★★★

Provide an outline of the steps for the change management and configuration management processes of the new server as well as the website that needs to be updated and hosted. This information should...

Answered: 1 week ago

Question

★★★★★

=+3. What advantages and/or disadvantages are there for corporations that work closely with NGOs or nonprofit organizations? Can you think of any examples of successful partnerships?

Answered: 1 week ago

Question

★★★★★

=+4. What is the correct role of a media channel in a democratic society?

Answered: 1 week ago

Question

★★★★★

=+3. Is collateral damage or friendly fire an acceptable cost of war? Is it acceptable for innocent lives to be sacrificed in the name of national security?

Answered: 1 week ago

Previous Question Next Question