The top management at Groundsource Company, a manufacturer of lawn and garden equipment, is attempting to recover from a fire that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:

What were the sales for the Tiller Division? (Round the final answer to the nearest whole dollar.)
A) $10,666,667
B) $20,000,000
C) $3,000,000
D) $853,333

Question

The top management at Groundsource Company, a manufacturer of lawn and garden equipment, is attempting to recover from a fire that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:

What were the sales for the Tiller Division? (Round the final answer to the nearest whole dollar.)

What were the sales for the Tiller Division? (Round the final answer to the nearest whole dollar.)
A) $10,666,667 
B) $20,000,000 
C) $3,000,000 
D) $853,333

Quizplus · Accepted Answer

Return on Sales = Net Income / Sales
0.08 = $1,600,000 / S
S = $1,600,000 / 0.08 = $20,000,000

The Top Management at Groundsource Company, a Manufacturer of Lawn