Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 04, 2024

Given the following data: Average operating assets840,000 Total liabilities $114,240 Sales $672,000 Contribution margin Net operating income $369,600 $201,600 Return on investment (ROD is: Multiple

Given the following data: Average operating assets840,000 Total liabilities $114,240 Sales $672,000 Contribution margin Net operating income $369,600 $201,600 Return on investment (ROD is: Multiple Choice 24.0% 0440% 30.0% 55.0%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions

Question

Consider the random walk that in each t time unit either goes up or down the amount t with respective probabilities p and 1 p, where p = 1 2 (1+ t). (a) Argue that as t 0 the resulting limiting...

Answered: 1 week ago

Question

★★★★★

Doctors Mobey, Oak, and Chesterfield have been in a group practice for several years. Mobey and Oak are family practice physicians, and Chesterfield is a general surgeon. Chesterfield receives many...

Answered: 1 week ago

Question

★★★★★

Activity 5: Icebreaker-Communications Success or Failure Words can have lasting consequences-for better or for worse. In this activity, we share some stories about occasions where the way a message...

Answered: 1 week ago

Question

★★★★★

Here is a forecast of sales by National Bromide for the first 4 months of 2015 (figures in thousands of dollars): Month: 1 2 3 4 Cash sales 35 44 38 34 Credit sales 200 220 190 170 On average, 50% of...

Answered: 1 week ago

Question

★★★★★

The form of energy processed by vision is ______________. Question 20Answer a. Sound waves b. Light waves c. Chemical signals d. Electric impulses

Answered: 1 week ago

Question

★★★★★

This is based on the plastic straw articles below. Be sure to base your analysis on the snippets provided. Be specific in the analysis, especially for the industries and the stakeholders. Based on...

Answered: 1 week ago

Question

★★★★★

Supply chain manager proposes two altenatives 4 week lead time reduction by workign with alternative supplier or Reducing the number of DCs 10 reduction in number of DCs a. Which alternative do you...

Answered: 1 week ago

Question

★★★★★

A lab technician wants to measure the terminal voltage of a battery connected to a load resistor R-2 Q. The battery has r 0.50 internal resistance and emf e-5V. The lab technician being amateur...

Answered: 1 week ago

Question

★★★★★

Julia mark and Peter own a rental property as tenants in common. Julia owns a 40% share, mark owns a 35% share and Peter owns the remaining 25%. the property generates $2000 in rental income for the...

Answered: 1 week ago

Previous Question Next Question