Which of the following is an example of a direct expense incurred by the mens shirt department of a department store?

a. Wages of a sales person who works only the mens shirt department.

b. Depreciation expense on the equipment in the stores general offices.

c. Wages of the department stores janitorial department.

d. Rent on the stores building.

e. a, b, c and d are all examples of direct expenses of the mens shirt department.

Jamison Corporation had $275,000 in average invested assets, liabilities of $75,000, sales of $330,000, net income amounting to $49,500 and a hurdle rate (desired minimum return) of 7.5%. Jamisons return on investment (ROI) is:

a. 7.5%

b. 8%

c. 10%

d. 18%