Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 11, 2024

If the National Division of American Products Company had a turnover ratio of 4.2 and a margin of 0.10, the return on investment would be

If the National Division of American Products Company had a turnover ratio of 4.2 and a margin of 0.10, the return on investment would be

a.
42.0%.

b.
238.0%.

c.
23.8%.

d.
420.0%.

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

Complete Handbook Of Operational And Management Auditing

Authors: William T. Thornhill

1st Edition

0131611410, 978-0131611412

More Books

Students also viewed these Accounting questions

Question

★★★★★

Two hazardous environment facilities are being evaluated, with the projected life of each facility being 10 years. The cash flows are as follows: The company uses a MARR of 15%. Using rate of return...

Answered: 1 week ago

Question

★★★★★

Information graphics, also called infographics, are popular online for reporting and illustrating complex data. Why do you think infographics continue to be popular? How could infographics be useful...

Answered: 1 week ago

Question

★★★★★

The general ledger of Pack-N-Ship at June 30, 2012, the end of the companys fiscal year, includes the following account balances before adjusting entries. The additional data needed to develop the...

Answered: 1 week ago

Question

★★★★★

If the National Division of American Products Company had a turnover ratio of 4.2 and a margin of 0.10, the return on investment would be a. 42.0%. b. 238.0%. c. 23.8%. d. 420.0%.

Answered: 1 week ago

Question

★★★★★

Consider the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Stock A Stock B Stock C Boom . 1 5 . 3 3 . 4 3 . 3 4 Good . 5 0 . 2 0 . 1 4 . 0 8...

Answered: 1 week ago

Question

★★★★★

3. Briefly explain the following step toward ethical behaviour: Carrying out one's decision a. Weakness of will b. Strength of will C. Locus of control d. Willingness to obey authority

Answered: 1 week ago

Question

★★★★★

Queens black is a popular input with an annual demand of 5 0 0 0 0 gallons, ordering cost of$ 5 0 per order, and holding cost of $ 5 per unit per year; the econmoic orer quantity is 1 , 0 0 0 . Hence...

Answered: 1 week ago

Question

★★★★★

Project management has been around ever since the time of the pyramids.However, today many organizations and industries are still struggling to understand and apply good project management to their...

Answered: 1 week ago

Question

★★★★★

describe what the Death with Dignity Act is, What are three of the most important rules concerning who is eligible for physician-assisted dying? What are the main reasons some people support Death...

Answered: 1 week ago

Question

★★★★★

THE FORUMIY mon applies to be a you Now. Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 232...

Answered: 1 week ago

Question

★★★★★

7. Identify four antecedents that influence intercultural contact.

Answered: 1 week ago

Question

★★★★★

10. Describe a dialectic perspective in negotiating personal histories.

Answered: 1 week ago

Question

★★★★★

5. Describe the relationship between history and identity.

Answered: 1 week ago

Previous Question Next Question