Florida Inc.has revenues of $1,500,000 resulting in an operating income of $105,000.Average invested assets total $750,000;the cost of capital is 10%.Return on investment is:
A) 7%
B) 14%
C) $75,000
D) $30,000
Correct Answer:
Verified
Q38: The responsibility center in which the manager
Q39: Almond,Inc.uses a balanced scorecard.One of the measures
Q40: Which of the following is not something
Q41: Devon Inc.has a profit margin of 12%
Q42: Palm Inc.has a profit margin of 15%
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
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