Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 23, 2024

Rustic Corporation has an ROI of 25%, total assets of $6,600,000, and current liabilities of $720,000. What is Rustic Corporation's operating income? OA. $1,470,000 OB.

Rustic Corporation has an ROI of 25%, total assets of $6,600,000, and current liabilities of $720,000. What is Rustic Corporation's operating income? OA. $1,470,000 OB. $2,880,000 OC. $1,650,000 OD. $26,400,000

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

Cpa Financial Accounting Examination Preparation Guide

Authors: Azhar Ul Haque Sario

1st Edition

979-8223666547

More Books

Students also viewed these Accounting questions

Question

=+2. Are there any impediments or obstacles to success that come from within your organization:

Answered: 1 week ago

Question

★★★★★

An air-conditioning system involves the mixing of cold air and warm outdoor air before the mixture is routed to the conditioned room in steady operation. Cold air enters the mixing chamber at 5°C...

Answered: 1 week ago

Question

★★★★★

Rustic Corporation has an ROI of 25%, total assets of $6,600,000, and current liabilities of $720,000. What is Rustic Corporation's operating income? OA. $1,470,000 OB. $2,880,000 OC. $1,650,000 OD....

Answered: 1 week ago

Question

★★★★★

research and summarize one relevantacademicarticle (less than five years old) highlighting techniques for enhancing organizational effectiveness. What did you learn from that article that can use in...

Answered: 1 week ago

Question

★★★★★

How many silver coins of diameter 1.75cm and thickness 2mm must be melted to make a cuboid of dimensions 5.5 cm x 10 cm 3.5cm?

Answered: 1 week ago

Question

★★★★★

A vessel in the shape of a right circular cylinder of diameter 12 cm and height 15 cm is filled with ice cream. This ice cream is filled into cones of height 12 cm and diameter 6 cm. The top of which...

Answered: 1 week ago

Question

★★★★★

Find the 20th term from the last term in the AP 3,8, 13, ..............,253.

Answered: 1 week ago

Question

★★★★★

Find the A.P. whose 3rd term is 16 and the 7th term is 12 more than the 5th term.

Answered: 1 week ago

Question

★★★★★

How many multiples of 4 are there between 10 and 250?

Answered: 1 week ago

Question

★★★★★

5. Benefits of rotation are maximized and costs are minimized through timing the rotations to reduce work load costs and help employees understand the job rotations role in their development plans.

Answered: 1 week ago

Question

★★★★★

8. Protgs are encouraged to contact one another to discuss problems and share successes.

Answered: 1 week ago

Question

★★★★★

2. Employees understand specific skills that will be developed by rotation.

Answered: 1 week ago

Previous Question Next Question