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Gelneren [198K]
3 years ago
8

Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the

two divisions for the current year:___________.Retail Division Wholesale Division Operating income $ 7,500,000 $ 4,000,000 Operating assets $ 37,500,000 $ 17,500,000 Assuming that these are the only divisions of Terra Company, what is the ROI for the company as a whole?
Business
1 answer:
MA_775_DIABLO [31]3 years ago
6 0

Answer:

20.91%

Explanation:

Operating Income:

= Operating Income of Retail Division + Operating Income of Wholesale Division

= $7,500,000 + $4,000,000

= $11,500,000

Operating Assets:

= Operating Assets of Retail Division + Operating Assets of Wholesale Division

= $37,500,000 + $17,500,000

= $55,000,000

ROI = (Operating Income ÷ Operating Assets) × 100

= ($11,500,000 ÷ $55,000,000) × 100

= 20.91%

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Answer:

The correct answer is letter "A": economists include opportunity cost in zero economic profit, while accountants do not include opportunity cost in zero profit.

Explanation:

Normal profit is an economic term that means zero economic profits. To an economist, this is normal since total revenue equals total cost which includes both explicit and implicit costs. It differs from the accounting profit or zero profits since the latter does not take into consideration implicit cost.

8 0
3 years ago
Which part of developing nations economies did the green revolution impact.
tatyana61 [14]

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<h3 /><h3>What was the green revolution?</h3>

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8 0
2 years ago
Read 2 more answers
Broussard Skateboard's sales are expected to increase by 25% from $8.6 million in 2019 to $10.75 million in 2020. Its assets tot
Sonbull [250]

Answer:

$236,500

Explanation:

Using the AFN equation to forecast Broussard's additional funds

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4 0
3 years ago
Beginning inventory, purchases and sales data for T-shirts are as follows:
Karolina [17]

Based on the First In; First Out method of inventory management, the ending inventory is <u>$180.</u>

FIFO means that the earlier stock is sold off first. This means that the sale on April 14 was based on the beginning inventory first and then the Purchase on the 11.

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<em>= Beginning stock + Purchases - Sale</em>

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= 14 units at $12 each

Stock at 25th:

<em>= Remaining April 11 purchases + April 21 Purchases - Sales</em>

= 14 + 18 - 20

= 12 units at $15

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= 7 x 12

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