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having trouble with this whole page.... please help 14) Step Up Ladders Company provides the following financial information Income from operations Interest expense Gains/(losses) on

having trouble with this whole page.... please help
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14) Step Up Ladders Company provides the following financial information Income from operations Interest expense Gains/(losses) on sale of equipment Net income Total assets at Jan. 1 Total assets at Dec 31 $250,000 49.000 2800 198,200 2,700,000 3,500,000 Calculate return on investment based on the information given above. (Round your answer to two decimal places.) A) 8.06% B) 9.26% C) 6.39% D) 7.14% 15) Accelerated Logistics provides the following information: Operating income Net sales Average total assets Management's target rate of retum $1,500,000 $14,000,000 $2.000.000 30% What is the company's profit margin ratio? (Round your answer to two decimal places.) A) 10.71% B) 14.29% C) 75.00% D) 27.90% 16) 16) Flagship Logistics provides the following information: Operating income Net sales Average total assets Management's target rate of return $1,550,000 $15,000,000 $1,950,000 25% What is the company's asset tumover ratio? (Round your answer to two decimal places.) A) 4.82 B) 7.69 C) 4.29 D) 12.90 17) Residual income indicates how A) much return a division generates on average assets B) much operating income the division eams on every dollar of sales C) much extra operating income a division generates above the minimum acceptable level D) efficiently a division uses its financial leverage to generate sales and thereby profits 18) 18) Opportunity cost is the benefit A) given up by purchasing goods at a price lower than its total manufacturing cost B) given up by choosing an alternate course of action C) received by selling goods on behalf of another division D) received by selling goods to one of the other divisions within the company

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