Question
Sales and average operating assets for Wyeth Company and Genesis Company are given below: Sales Average Operating Assets Wyeth Company $20,000 $8,000 Genesis Company $50,000
Sales and average operating assets for Wyeth Company and Genesis Company are given below:
|
| Sales | Average Operating Assets |
| Wyeth Company | $20,000 | $8,000 |
| Genesis Company | $50,000 | $10,000 |
What is the margin that each company will have to earn in order to generate a return on investment of 20%?
| A. | 12% and 16%. |
| B. | 50% and 100%. |
| C. | 8% and 4%. |
| D. | 2.5% and 5%. |
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The Social Function Of AccountsReforming Accountancy To Serve Mankind
Authors: John Flower
1st Edition
1138645249, 9781138645240
