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please help! Question 6 4 pts Which of the following would most likely be evaluated using return on income? O cost center revenue center O
please help!
Question 6 4 pts Which of the following would most likely be evaluated using return on income? O cost center revenue center O profit center investment center Question 7 4 pts The following information is available for our company for the current year: operating income, $75,000; average total assets, $500,000; net sales, $750,000; and required rate of return, 12%. Calculate the return on investment (ROI) rounded to two decimal places. 6.67% 10.00% 15.00% 16.67% Question 8 4 pts The following information is available for our company for the current year: operating income, $75,000; average total assets, $500,000; net sales, $750,000; and required rate of return, 12%. Calculate the profit margin to two decimal places. 6.67% 10.00% 15.00% 16.67% Question 9 4 pts The following information is available for our company for the current year: operating income, $75,000; average total assets, $500,000; net sales, $750,000; and required rate of return, 12%. Calculate the asset turnover to two decimal places. 1.25 times 1.50 times 6.67 times 8.75 times Question 10 4 pts The following information is available for our company for the current year: operating income, $45.000; average total assets, $400,000; net sales, $900,000; and required rate of return, 12%. Calculate the minimum acceptable operating income. O ($3,000) $3.000 $45,000 $48,000Step by Step Solution
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