Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 30, 2024

Last year a company had sales of $310,000, a turnover of 2.7, and a return on investment of 35.1%. The company's net operating income for

Last year a company had sales of $310,000, a turnover of 2.7, and a return on investment of 35.1%. The company's net operating income for the year was:

A.$114,815

B.$68,510

C.$40,300

D.$108,810

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

Business Process Modeling Simulation And Design

Authors: Manuel Laguna, Johan Marklund

3rd Edition

1138061735, 978-1138061736

More Books

Students also viewed these Accounting questions

Question

★★★★★

For each of the following cases for an RLC circuit, does the resonance frequency increase, decrease, or stay the same? If it changes tell by what factor. (a) Only the capacitance is changedit is...

Answered: 1 week ago

Question

★★★★★

15. Find the inverse of the matrix in Prob. 3.

Answered: 1 week ago

Question

★★★★★

For the renewal process whose interarrival times are uniformly distributed over (0, 1), determine the expected time from t = 1 until the next renewal.

Answered: 1 week ago

Question

★★★★★

A jewelry store makes necklaces and bracelets from gold and platinum. The store has developed the following linear programming model for determining the number of necklaces and bracelets (x1 and x2)...

Answered: 1 week ago

Question

★★★★★

calculate the gross income of valipo salom for the year assessment ending 28 February 2022. as part of your answer provided a reason for every item excluded from gross income

Answered: 1 week ago

Question

★★★★★

calculate the annualized cost of the trade credit terms of 4/10, net 45 when payment is made on the net due date (assume a 365-day year). The annualized cost of the trade credit terms of 4/10, net 45...

Answered: 1 week ago

Question

★★★★★

Since understanding forces in our environment that either help or hinder the acquisition of human capital, answer the following: What are the internal and external factors that influence an...

Answered: 1 week ago

Question

★★★★★

Case D Mr. Smith was transferred from the Coronary Care Unit to a semi-private room in Hapless Hospital. He decided to leave the hospital because he did not like his new accommodations or having a...

Answered: 1 week ago

Question

★★★★★

Think about Goleman's 6 leadership styles, and discuss how you think Goleman's leadership styles relate to the 4 quadrants of EI and the leadership styles outlined in this leadership questionnaire....

Answered: 1 week ago

Question

★★★★★

In explaining why monetary policy did not pull Japan out of a recession in the early 2000s, an official at the Bank of Japan was quoted as saying that despite "major increases in the money supply"...

Answered: 1 week ago

Question

★★★★★

2. [4 points] Find the constrained minimum and maximum values of the function f(x, y) = (x-2y)2 subject to the constraint x + y = 5, as well as all points at which they occur.

Answered: 1 week ago

Question

★★★★★

=+Do I know what I need to do in case someone uses my profile picture to create a fake account?

Answered: 1 week ago

Question

★★★★★

=+Am I aware that an update made in a spark of emotion or outrage could cause me to get suspended from my job, miss out on a job opportunity, or even get fired?

Answered: 1 week ago

Question

★★★★★

=+1. You enter a job interview and the human resources director asks you to define social media and answer the question, Is social media a science or an art? Discuss your thoughts on this and use a...

Answered: 1 week ago

Previous Question Next Question