Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 21, 2024

In 2017, Oriole Company reported net income of s5.7 bilon, net sales of $215 bilion, and average total assets of $75 billion. What is Orile

In 2017, Oriole Company reported net income of s5.7 bilon, net sales of $215 bilion, and average total assets of $75 billion. What is Orile Company's return on total assets? 33.7% o 13.2% 7.6% 28,7%

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

Using Microcomputers In Managerial Accounting

Authors: George Hildebrand

1st Edition

0938188275, 978-0938188278

More Books

Students also viewed these Accounting questions

Question

★★★★★

Find the circle x2 + y2 + ax + by + c = 0 passing through the following points. (a) (-2, 1), (5, 0), and (4, 1) (b) (1, 1), (5,-3), and (-3,-3)

Answered: 1 week ago

Question

★★★★★

VM Consulting bought new building for its headquarters in the year 2000. The purchase cost was 244,729 dollars and in addition it had to spend 24,247 dollars adapting the space for its services. The...

Answered: 1 week ago

Question

★★★★★

Why do people do things that are unethical?

Answered: 1 week ago

Question

★★★★★

The ISO commercial crime coverage form can be used to insure specific crime exposures of most business firms. Assume that you are a risk management consultant. For each of the following losses,...

Answered: 1 week ago

Question

★★★★★

In 2017, Oriole Company reported net income of s5.7 bilon, net sales of $215 bilion, and average total assets of $75 billion. What is Orile Company's return on total assets? 33.7% o 13.2% 7.6% 28,7%

Answered: 1 week ago

Question

★★★★★

Jeffrey Harris is a cost accountant and business analyst for Dapper Design Company (DDC), which manufactures expensive brass doorknobs. DDC uses two direct-cost categories: direct materials and...

Answered: 1 week ago

Question

★★★★★

Assume the following activity times for a process. Activity 1 - 8 minutes Activity 2 - 4 minutes Activity 3 - 1 2 minutes Activity 4 - 5 minutes How long would it take to service 6 5 customers...

Answered: 1 week ago

Question

★★★★★

1. Differentiate between "line management" and "staff management" when dealing with financial decisions. [10 marks] 2. Explain why the process of identifying "cost drivers" must be done carefully for...

Answered: 1 week ago

Question

★★★★★

Professor James has been doing an in-depth study on a new program developed by a local organization. This unique program had been specifically designed for the local community and cannot be...

Answered: 1 week ago

Question

★★★★★

(4) On 20 November 2021 goods were sold to a European customer for 45 million. The customer took control of the goods on that date. On 15 December the customer made a part payment of 10 million and...

Answered: 1 week ago

Question

★★★★★

Find the critical value to for the confidence level c = 0.99 and sample size n = 21. Click the icon to view the t-distribution table. te= (Round to the nearest thousandth as needed.)

Answered: 1 week ago

Question

★★★★★

List the forces that shape a groups decisions Explain the six-step group decision process

Answered: 1 week ago

Question

★★★★★

Describe the types of power that effective leaders employ

Answered: 1 week ago

Question

★★★★★

Describe how leadership styles should be adapted to the situation

Answered: 1 week ago

Previous Question Next Question