FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Given the following data: Average operating assets Total liabilities Sales Contribution margin Net operating income $1,116,000 $ 167, 400 $ 837,000 502,200 167, 400 Return

image text in transcribed

Given the following data: Average operating assets Total liabilities Sales Contribution margin Net operating income $1,116,000 $ 167, 400 $ 837,000 502,200 167, 400 Return on Investment (RON) IS: Multiple Choice 20.0% 15.096 60.0% 45.0%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_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

Internal Audit Handbook Management With The SAP Audit Roadmap

Internal Audit Handbook Management With The SAP Audit Roadmap

Authors: Henning Kagermann, William Kinney, Karlheinz Küting, Claus-Peter Weber, Z. Keil, C. Boecker, J. Busch, O. Bussiek, M. H. Christ, P. Eckes, M. Falk, P. S. Greenberg, B. Reichert, M. Wolf

2008th Edition

3642430392, 978-3642430398

More Books

Students also viewed these Accounting questions

Question

★★★★★
The temperature of the interior of the sun is about 107 K. What is this temperature on? (a) The Celsius scale, and (b) The Fahrenheit scale?

Answered: 1 week ago

Question

★★★★★
Acceptance must be communicated to the offeror by the offeree. Discuss what this phrase means and consider any exceptions to the rule.

Answered: 1 week ago

Question

★★★★★
=+ii. Approximately what proportion of commute times were greater than 22 min?

Answered: 1 week ago

Question

★★★★★
At December 31, 2013, House Co. reported the following information on its balance sheet. Accounts receivable ............ $960,000 Less: Allowance for doubtful accounts ...... 80,000 During 2014, the...

Answered: 1 week ago

Question

★★★★★
Given the following data: Average operating assets Total liabilities Sales Contribution margin Net operating income $1,116,000 $ 167, 400 $ 837,000 502,200 167, 400 Return on Investment (RON) IS:...

Answered: 1 week ago

Question

★★★★★
According to Ian Redpath and Larry Pon, which of the following is the lifetime limit for the Nonbusiness Energy Property Credit available in 2022? a. $1,200 b. $1,000 c. $500 d. $100

Answered: 1 week ago

Question

★★★★★
Use the following diagram of TCP/IP protocols of a Network 1) Add the following servers to the network. a. DC server b. data server c. SMTP server d. Application server e.web server...

Answered: 1 week ago

Question

★★★★★
A recent article/publication (within the last five years) which showcases the use of molecular testing techniques to diagnose infectious diseases. The article may have a public health, clinical...

Answered: 1 week ago

Question

★★★★★
A. Veta inc., has a asset of $400,000 in total where it comprises of equity 70% and debt of 30% (12%) interest. The company was planning to do some investment and it anticipates the increase of...

Answered: 1 week ago

Question

★★★★★
A liquid crystal cell has the front electrode grooved vertically and the rear electrode grooved horizontally. Sheets that transmit only vertically polarized light are placed before and after the...

Answered: 1 week ago

Question

★★★★★
used, and the importance of adhering to these procedures K12 Explain how the components are to be aligned, adjusted and positioned prior to securing, and the tools and equipment that is used K13...

Answered: 1 week ago

Question

★★★★★
2. Critically evaluate the relative effectiveness of on-the-job training and off-the-job training.

Answered: 1 week ago

Question

★★★★★
identify when to use a variety of learning and development techniques

Answered: 1 week ago

Question

★★★★★
1. Many organisations do not provide an adequate induction programme for new employees. Comment critically on the benefi ts to be gained from implementing a good induction programme, and outline what...

Answered: 1 week ago

Previous Question Next Question