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elixir [45]
3 years ago
10

Assume the Runnng Shoes division of the Shoes Corporation had the following results last year (in thousands). Management's targe

t rate of return is 30% and the weighted average cost of capital is 15%. Its effective tax rate is 40%. Sales............................ .......$6,000,000 Operating income..................1,800,000 Total assets..................... ......1,000,000 Current liabilities.......................810,000 What is the division's Return on Investment (ROI)? (1 Point)
Business
1 answer:
vivado [14]3 years ago
4 0

Answer: 180%

Explanation:

Return on investment = (operating income/sales) x (sales/total assets)

=>  operating income / total assets

given Operating income=1,800,000

Total assets.1,000,000

Current liabilities.=810,000

Return on investment=1,800,000/1,000,00=1.8 X 100= 180%

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12345 [234]

Answer:

The answer is: Canadian workers will still have a higher productivity, it will be $0.40 per hour higher.

Explanation:

We can elaborate the following productivity table:

Year     Canadian productivity                 British productivity

0                   $33 per hour                        $29 per hour

1                   $33.33 per hour                    $29.87 per hour

2                  $33.66 per hour                    $30.77 per hour

3                  $34 per hour                         $31.69 per hour

4                  $34.34 per hour                    $32.64 per hour

5                  $34.68 per hour                   $33.62 per hour

6                  $35.03 per hour                   $34.63 per hour

At the end of year 6, Canadian workers' productivity will be $35.03 and British workers' productivity will be $34.63 per hour (Canadian workers will be $0.40 more productive).

6 0
3 years ago
Which domain is the most common and reserved for commercial organizations and businesses?
kakasveta [241]

Answer:

The most common and reserved domain for commercial organizations and businesses is:

B) com

Explanation:

Some business organizations have also started the extension ".biz" as their domain.  But, this is not common.  Many use the ".com" domain.  The ".net" domain is also used by some business organizations.  Again, this is not common.  The ".org" domain is mostly used by nonprofit-making organizations.

3 0
3 years ago
Which of the following is the function of a review in a presentation?a. gaining buy-in on specific actionsb. justifying your vie
Anettt [7]

Answer: Which of the following is the function of a review in a presentation? A. gaining buy-in on specific actions

Explanation: If you give a presentation and want to know what others actually think about your product, see what they do afterwards. If you present an item and viewers are interested, they will purchase the product.

4 0
3 years ago
On June 1, the company paid $1,200 in advance for 12 months of rent, with the rental period beginning on June 1. This $1,200 was
mezya [45]

Answer:

Debit to Rent Expense for $700

Explanation:

When the company paid $1,200 in advance for 12 months of rent, the monthly amount is $100 [$1,200 ÷ 12 months]. After seven months have passed, the prepaid rent that has expired is $700 [$100 × 7 months].

When the rent was prepaid, the resulting journal entry was:

(DR) Prepaid Rent, $1,200

(CR) Cash, $1,200

To expire seven months of prepaid rent, the resulting journal entry is:

(DR) Rent Expense, $700

(CR) Prepaid Rent, $700

8 0
3 years ago
What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for
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Answer:

The amount an employer will match for 401(k), the ideal age to establish a particular retirement plan, the amount an investor is allowed to contribute annually and the tax laws and breaks related to different retirement plans!

Explanation:

3 0
3 years ago
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