Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions for the current year: Retail Division Wholesale Division Operating income Operating assets $ 2,600,000 $17,000,000 $ 6,100,000 $37,000,000 Terra Company has set a target return on investment (ROI) of 14% for both divisions. Based on ROI, which division appears to have performed better? Multiple Choice The answer cannot be determined using the information provided. Both divisions have the same results Wholesale division. Morgan Technologies sells a single product at $20 per unit. The firm's most recent income statement revealed unit sales of 130,000, variable costs of $1,040,000, and fixed costs of $550,000. If a $4 drop in selling price will boost unit sales volume by 20%, the company will experience: Multiple Choice no change in profit because a 20% drop in sales price is balanced by a 20% Increase in volume. an $105.500 drop in profit a $312,000 drop in profit. a $550,000 drop in profit None of the answers is correct. Bramble Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow: .Sales are budgeted at $370,000 for November, $350,000 for December, and $340,000 for January. Collections are expected to be 55% in the month of sale and 45% in the month following the sale. The cost of goods sold is 70% of sales. The company would like to maintain ending merchandise inventories equal to 60% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are $24,300. . Monthly depreciation is $15,300. . Ignore taxes. Balance Sheet October 31 Assets O Cash. Accounts receivable Merchandise inventory Property, plant and equipment, net of $572,300 accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Retained earnings Common stock Total liabilities and stockholders' equity The difference between cash receipts and cash disbursements for December would be: $ 20,300 70,300 155,400 1,094,300 $ 1,340,300 $ 254,300 820,300 265,700 $ 1,340,300 The difference between cash receipts and cash disbursements for December would be: Multiple Choice $84,100 $63,075 $39,400 $127,600