what is the investment turnover

return on investment

N Jahr ruh Final Thesis - lahetutedu.se - Ella University (EN) - DEL Question 3 Not yet answered Marked out of 2.00 P Pag question ALPHA MANUFACTURING COMPANY. Balance Sheet Cash and Marketable Securities $225,000 Accounts Receivable 890,000 Inventories (lower of cost or market) 930,000 Prepaid Expenses 10,150 Accumulated Tax Prepayments 12.000 Current Assets 2,067,150 Fixed Assets at Cost 2.500,000 less: Accumulated Depreciation 700.000 Net Fixed Asset 1,800,000 Investments, Long-Term 35,000 Goodwill 100,000 Total Assets $4,002,150 Bank Loans and Notes Payable Accounts Payable Accrued Taxes Other Accrued Liabilities Current Liabilities Long-Term Debt Common Stock $1 par value Additional Paid-in Capital Retained Earnings Total Net Worth $448,500 148,000 36,000 195,500 828,000 1.200.000 700,000 174,150 1.100.000 1,974,150 $4,002,150 Total Liabilities and Net Worth ALPHA MANUFACTURING COMPANY. Income statement Net Sales $5.200,000 MacBook Pro Q 174,150 Additional Paid-in Capital Retained Earnings Total Net Worth Total Liabilities and Net Worth 1.100.000 1,974,150 $4,002,150 ALPHA MANUFACTURING COMPANY. Income statement Net Sales $5.200,000 less: Cost of Goods Sold 4.576.000 Gross Profit 624,000 Seling, General and Administrative Expense 750,000 Depreciation 95,000 Interest Expense 75.000 Earnings Before Taxes (296,000) Income Taxes 0 Earnings After Tax (296,000) Cash Dividends Increase (decrease in Retained Earnings ($296,000) According to the above statements, ALPHA's return on investment was Select one: a.-3.72 percent b.-7.40 percent C.-5.71 percent d. -7.50 percent Previous page Lecture-Choz. Part B-TS-14-7-2020 Jump to MacBook Pro Q 5 $ & 3 4 E % 5.0 16.1 7 A C