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 profit margin?
A) 8%
B) 10%
C) 16%
D) 20%
Correct Answer:
Verified
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
Q56: Devon Inc.has a profit margin of 12%
Q57: Which of the following statements is not
Q58: Florida Inc.has revenues of $1,500,000 resulting in
Q59: Investment turnover can be calculated as:
A)sales revenue/average
Q60: Florida Inc.has revenues of $1,500,000 resulting in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents