1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DaniilM [7]
3 years ago
7

BR Company has a contribution margin of 9%. Sales are $477,000, net operating income is $42,930, and average operating assets ar

e $134,000. What is the company's return on investment (ROI)
Business
2 answers:
brilliants [131]3 years ago
6 0

Answer:

32.03%

Explanation:

Given that,

Contribution margin = 9%

Sales = $477,000

Net operating income = $42,930

Average operating assets = $134,000

The company's return on investment is determined by dividing the net operating income of this company by the average operating assets.

Return on investment:

= Net operating income ÷ Average operating assets × 100

= ($42,930 ÷ $134,000) × 100

= 32.03%

Therefore, the company's return on investment (ROI) is 32.03%.

ser-zykov [4K]3 years ago
5 0

Answer:

32.03%

Explanation:

Data provided as per the question

Net operating income = $42,930

Average operating assets = $134,000

The computation of  return on investment (ROI) is shown below:-

Return on investment =net operating income ÷ average operating assets

$42,930 ÷ $134,000

= 32.03%

Therefore for computing the return on investment we simply divide average operating assets by net operating income.

You might be interested in
Which wholesaler's channel function is demonstrated when a buyer receives quicker delivery because wholesalers are located close
Bess [88]

Answer:

E. transportation

Explanation:

The wholesaler is one of the middle-men in the channel of distribution that stands between the producer and the retailer in bulk breaking, he buys in bulk from the producers and sell to the retailer.

One of the functions of the wholesaler in the distribution value chain is the transportation of goods from manufacturer's warehouse to his warehouse at his own cost, thereby bringing the products closer to the consumers.

 

4 0
3 years ago
Identify What prevented the economy from slipping
iVinArrow [24]
The correct answer is letter B
5 0
3 years ago
As liv golf expands to 14 events in 2023, how much money will be available to competitors in the upcoming season?.
seraphim [82]

There will be $405 million available to contestants in the following season as LIV golf grows to 14 events in 2023.

<h3><u>LIV golf - what is it?</u></h3>

The LIV Golf League, created as an alternative to the current PGA Tour, attempts to apply the principles of arena-style sporting events to the world of golf. The LIV system, which has a fundamentally different business model than the conventional structure, enables greater financial advantage for those engaged beyond just winning tournaments.

Unlike the PGA Tour, LIV golf allows appearance fees, so players vying for the $20–25 million purse are also able to get additional compensation.

Learn more about LIV golf with the help of the given link:

brainly.com/question/29360586

#SPJ4

4 0
1 year ago
Can someone please explain what grassroots are in easy terms? I have tried to find a definition that I understand but I can't fi
liberstina [14]
It’s marketing started from the ground up. You target a small group of people instead of launching to many people and hope that the smaller group will spread it to other people. Hope this helps.
3 0
3 years ago
What does it mean that stocks and bonds are relatively liquid? a. They are easier to buy and sell than other forms of investment
Ksenya-84 [330]

Answer:

The answer is A.

Explanation:

They are easier to buy and sell than other forms of investment. When they say an asset is liquid, it means it can easily be turned or converted to cash. Liquid stocks and bonds are easier to sell and buy because they will be see a buyer and seller to pay in exchange for cash.

Illiquid means they are difficult to sell and buy or they are difficult to be converted to cash

8 0
3 years ago
Read 2 more answers
Other questions:
  • The most significant conceptual difference between the arbitrage pricing theory (apt) and the capital asset pricing model (capm)
    11·1 answer
  • __________ refers to the location of the sport product, the point of origin for distributing the product, the geographic locatio
    8·1 answer
  • Quality experts agree that quality can be assured only during the: design phase production phase sales process marketing campaig
    6·1 answer
  • Assume today’s settlement price on a CME EUR futures contract is $1.3140/EUR. You have a short position in one contract. Your pe
    15·1 answer
  • Which accounting principle states that a company should "report expenses in the same period as the revenue they help generate"?
    7·1 answer
  • Consider the case of Yellow Duck Distribution Company: Yellow Duck Distribution Company is expected to generate $180,000,000 in
    12·1 answer
  • Three $1,000 face value, 10-year, noncallable, bonds have the same amount of risk, hence their YTMs are equal. Bond 8 has an 8%
    5·1 answer
  • What is the safest way to dispose of old bank account statements?
    9·1 answer
  • This table shows the balance in an account if monthly deposits of $10 were compounded monthly.
    15·1 answer
  • Aircraft Products, a manufacturer of aircraft landing gear, makes 2,100 units each year of a special valve used in assembling on
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!