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mariarad [96]
3 years ago
7

U.S. Products operates two divisions with the following sales and expense information for the month of May: North Division: Sale

s $240,000; Operating income $72,000, Operating assets $600,000. South Division: Sales $160,000; Operating income $80,000, Operating assets $800,000. U.S. Products expects a minimum return of 10% should be earned from all investments. North Division’s return on investment for May is:
Business
1 answer:
IgorC [24]3 years ago
3 0

Answer:

12%

Explanation:

The income earned over on the investment made in the business is known as the return on Investment. it is calculated by dividing net income for the period with the total investment made in the business.

In this question we have operating income and operating asset to calculate the return on investment.

North division

Return on Investment = (Operating Income / Operating Assets) x 100

Return on Investment = ( $72,000 / $600,000 ) x 100 = 12%

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3 years ago
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Selling. general, and administrative expenses were $80,000, net sales were $390,000, interest expense was $16.000: research and
elixir [45]

Answer:

<u>The correct answer is C. US$ 30,000</u>

Explanation:

1. What was the operating income for the period?

Operating income = Net sales - Cost of goods - Operational expenses

Operational expenses on this question are:

  1. Selling. general, and administrative expenses
  2. Interest expenses
  3. Research and development expenses
  4. Income tax expense

According to the information provided, we have then:

Operating income = 390,000 - 220,000 - 80,000 - 16,000 - 34,000 - 10,000

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Operating income = 30,000

<u>The correct answer is C. US$ 30,000</u>

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8 0
3 years ago
Performing quality assurance is a subprocess of the _____ process of project quality management. a. initiating b. monitoring and
puteri [66]

Answer:

d. executing

Explanation:

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This area has three processes, as exposed in the PMBOK Guide prepared by the Project Management Institute (PMI):

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Carrying out quality assurance

Quality control

Quality management planning is placed in the group of planning processes; quality assurance is placed in the execution process group; and quality control is in the group of monitoring and control processes.

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7 0
3 years ago
A 25-year-old engineer is opening an individual retirement account (IRA) at a bank. Her goal is to accumulate $1 million in the
dimaraw [331]

Answer:

The minimum deposit will be of 3,081 and after 40 year it will get 1,000,000 dollars

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We have to solve for the C of an annuity growing

\frac{1-(1+g)^{n}\times (1+r)^{-n} }{r - g}

g 0.05

r 0.06

C 3,081

n 40

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C \times 324.57 = 1,000,000

C = 1,000,000/ 324.57 = 3,081

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The answer would be rises
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