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Wittaler [7]
4 years ago
13

Scribe​ Company, a manufacturer of writing​ instruments, provides the following financial​ information: Pen Division Pencil Divi

sion Operating income $ 100 comma 000 $ 40 comma 000 Net sales $ 500 comma 000 $ 175 comma 000 Total assets at Jan. 1 $ 560 comma 000 $ 300 comma 000 Total assets at Dec .31 $ 610 comma 000 $ 275 comma 000 Calculate the return on investment for the Pencil Division.​ (Round your answer to two decimal​ places.)
Business
1 answer:
Ulleksa [173]4 years ago
4 0

Answer:

The return on investment for the Pencil Division is 14,55% (two decimal​ places.)

Explanation:

The Return on Investments is calculated as ;

Return on Investments = Divisional Profit Contribution / Assets Employed in the Division

                                      = $40,000 / $275,000 × 100

                                      = 14,545454 or 14,55% (two decimal​ places.)

Conclusion :

The return on investment for the Pencil Division is 14,55% (two decimal​ places.)

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Jeremy is a business student at ABC University. He is currently enrolled for 18 credits, mostly of quantitative courses with hig
kenny6666 [7]

Answer: work overload

Explanation:

From the question, we are informed that Jeremy is a business student at ABC University and that he is currently enrolled for 18 credits, mostly of quantitative courses with high workloads.

We are further told that he also works 25 hours a week as a bartender. This shows that Jeremy has many works he's doing and the likely cause of his stress is work overload. He's performing too much tasks.

5 0
4 years ago
Food manufacturers must be able to trace all ingredients ________ in case of contamination or recall
skelet666 [1.2K]
The answer that will complete the sentence above is the packaging. It is because it is a must that the food manufacturers to check on the ingredients but also the packaging before it could be sent out to other branches or companies to ensure that there is no contamination of which could harm other people that will buy it and to ensure that the quality of the food is good enough for the people.
6 0
4 years ago
Veronica had been working at Zenex Industries for eight months when her boss asked to see her in his office. When she walked in,
Alika [10]

Answer:

c. her pounding heart when she heard she was being laid off

Explanation:

Since in the question it is mentioned that Veronica was working with Zenex industries since 8 months and she wants to talk for the promotion but she was laid off because of downsizing of the company so here the non-conditional response example is that her heart was pounding when she heard the news of laid off

Therefore the correct option is c.

6 0
3 years ago
In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: The Company
Wewaii [24]

Answer:

The Matching principle.

Explanation:

Matching principle is the accounting principle that requires that the expenses incurred during a period should be recorded in the same period in which the related revenues are earned. This principle recognizes that businesses must incur expenses to earn revenues. The principle is at the core of the accrual basis of accounting and adjusting entries.

3 0
4 years ago
A local bagel shop produces two products: bagels (B) and croissants (C). Each bagel requires 6 ounces of flour, 1 gram of yeast,
irakobra [83]

Answer:

Consider the following calculations

Explanation:

Let X be Bagels and Y be croissants

Profit:

20X+30Y

Subject:

6X+3Y<=6600

1X+1Y<=1400

2X+4Y<=4800

Critical points are

(0,1400) , (800,600) , (1100,0)

So

Max at 0,1400 and P =4200

5 0
4 years ago
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