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3 years ago

Given the following data:

Business

1 answer:

DIA [1.3K]3 years ago

6 0

Answer:

B.9.0%

Explanation:

The Return on investment (ROI) of any entity/corporation/firm can be calculated using the following mentioned formula:

ROI=Net operating income/cost of investment

Assuming in this question

Cost of investment =average operating assets=$504,000

Net operating income=$45,360

ROI=$45,360/$504,000=9%

So based on the above discussion the answer is B.9.0%

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3 years ago

What did president hoover do to devise strategies for improving the economy?

olga nikolaevna [1]

The above answer is definitely correct in its details. I'd just like to emphasize a couple of important ideas about Hoover's response.

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So, overall what I want to point out is that Hoover did more than anyone else, and he did what most economists of the time would have said was the right thing to do. But it didn't work and so he's seen as one of the worst presidents ever, which seems a bit unfair.

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3 years ago

When the utility function for a risk-neutral decision maker is graphed (with monetary value on the horizontal axis and utility o

andreev551 [17]

Answer:

The correct answer is letter "D": straight line.

Explanation:

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3 years ago

HELP ASAP!!! As the director of sales, Piper wants to create a bar graph to compare the year-to-date sales made by her top five

viva [34]

Answer:

The first graph I think

Explanation:

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2 years ago

Andrews Company manufactures a line of office chairs. Each chair takes $12 of direct materials and uses 1.9 direct labor hours a

Andrej [43]

Answer and Explanation:

The preparation of the cost of goods sold budget is presented below:

Direct material ($12 × 20,000 chairs) $240,000

Direct labor ($16 × 1.9 × 20,000 chairs) $608,000

Variable overhead rate ($1.20 × 1.9 × 20,000 chairs) $45,600

Fixed overhead rate ($1.30 × 1.9 × 20,000 chairs) $49,400

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Add: opening inventory $0

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Cost of goods sold $901,721.3

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3 years ago