Avocado Company has an operating income of $80,000 on revenues of $1,000,000.Average invested assets are $500,000,and Avocado Company has an 8% cost of capital.What is the return on investment?
A) 8%
B) 10%
C) 16%
D) 20%
Correct Answer:
Verified
Q44: Profit margin can be calculated as:
A)sales revenue/average
Q46: Investment turnover is defined as:
A)the ratio of
Q46: Investment turnover is defined as:
A)the ratio of
Q47: Avocado Company has an operating income of
Q48: Grove Corp.has revenues of $1,500,000 resulting in
Q50: Palm Inc.has a profit margin of 15%
Q51: Grove Corp.has revenues of $1,500,000 resulting in
Q52: Crawford Corp.has an ROI of 15% and
Q53: Residual income is the difference between:
A)net operating
Q54: Return on investment can be calculated as:
A)sales
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