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Anarel [89]
3 years ago
12

Assume the Electronics Division of ABC Electronics had the following data from last year: Net sales $100,000 Operating income $3

0,000 Average total assets 150,000 Management’s target rate of return 15% What is the division’s return on investment?
Business
1 answer:
gregori [183]3 years ago
3 0

Answer:

20%

Explanation:

The computation of the return on investment is shown below:

Return on investment = Operating income ÷ average total assets

where,

Operating income is $30,000

And, the average total assets is $150,000

So, the return on investment is

= $30,000 ÷ $150,000

= 20%

By dividing the operating income with the average total assets we can het the return on investment

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Explanation:

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Supervisors/ managers of these units are therefore accountable for their units and will gain experience from being so.

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3 years ago
If a company does not intend to expand globally, but exports some products without customizing for international markets, it sho
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Answer:

yes

Explanation:

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4 years ago
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4 0
1 year ago
Junkman Autos uses a separate checking account to pay their employees. The gross pay for the period was $1,000. However, after d
STALIN [3.7K]

Answer:

journal entry are given below

Explanation:

given data

gross pay for the period = $1,000

net pay for the period =  $820

to find out

journal entry to record the issuance of payroll checks

solution

journal entry are as

Account Name                       Debit                      Credit

Labor Expenses                        $1000

payroll taxes Payable                                                  $820

Net Payroll Payable                                                     $180

( $1000 - $820 )

6 0
3 years ago
In regard to firm growth, evidence shows that ________. service firms tend to generate sustained growth while manufacturing firm
JulijaS [17]

Answer:

At least during the last couple of decades, service firms tend to generate sustained growth while manufacturing firms do not.

Explanation:

The last president that recorded a steady manufacturing growth rate was Bill Clinton.

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Another thing that helps the growth of service firms is that when manufacturing firms or agricultural firms grow, they need more services, so service firms will grow even more.

6 0
3 years ago
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