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
Lemur [1.5K]
3 years ago
10

Griffin corp. is evaluating its piquette division, an investment center. the division has a $60,000 controllable margin and $400

,000 of sales. how much will griffin's average operating assets be when its return on investment is 10%?
Business
1 answer:
liberstina [14]3 years ago
6 0
Given:
Controllable margin = 60,000
sales = 400,000
return on investments = 10%

Return on investments = net profit / average operating assets

10% = 60,000 / ave. operating assets.

Average operating assets = 60,000 / 10%
Average operating assets = 600,000

Griffin's average operating assets will be 600,000 when its return on investment is 10%.
You might be interested in
How might a person in an information technology company have a lot of power even if he or she does not hold an executive title
Gnesinka [82]

Answer:

Even if individual doesn't even have an executive role, a person responsible of information technology for a corporation might wield tremendous authority. This is due to the fact that power is not necessarily linked to a position of authority.

Explanation:

A person with leadership qualities can advance to positions of power, allowing them to put their abilities and personality attributes to good use. A person in charge of information technology is also responsible for optimising the company's digital technologies owing to the nature of the role and responsibilities.

8 0
3 years ago
Zoom Enterprises expects that one year from now it will pay a total dividend of $4.7 million and repurchase $4.7 million worth o
Ira Lisetskai [31]

Answer:

$13.34

Explanation:

For computing the today price, first we have to determine the present value of equity which is shown below:

The Present value of equity = Spending amount on dividends and repurchases ÷ equity cost of capital

= $9.4 million ÷ 13.3%

= $70,676,691

Now the share price equals to

= Present value of equity ÷ outstanding shares

= $70,676,691 ÷ 5.3 million shares

= $13.34

6 0
3 years ago
CSelect the items from this list that are examples of misconceptions.
DENIUS [597]
A- you’re never too young to limit your spendings
D- there’s is more to learn outside of high school for many careers
probably B too but i’m not sure
3 0
3 years ago
Gently laser clinic purchased laser equipment for $4,445 and paid $633 down, with the remainder to be paid later. the correct en
xxMikexx [17]

Answer:

Accounts Payable $3,812 credit

<h3>Explanation:</h3>

Equipment  $4,445 debit,

Cash $633 credit,

now, $4445- $633 = $3,812

The correct entry would be $3,812.

To learn more about it, refer

to brainly.com/question/26106218

#SPJ4

5 0
2 years ago
In a survey of companies, it was found that 45 were in the mining sector, 72 were in
Diano4ka-milaya [45]

Answer:

0.288

0.308

Explanation:

Given :

Mining sector = 45

Financial sector = 72

IT sector = 32

Production sector = 101

Total number of companies :

(45 + 72 + 32 + 101) = 250

A.)

Probability that a randomly selected company is in the financial sector

Recall :

Probability = required outcome / Total possible outcomes

P(company = financial) = (number of companies in financial sector / total number of companies)

P(company = financial) = 72 / 250 = 0.288

B.)

Company is either a mining or IT company :

P(company = Mining or IT) = (number of mining + number of IT Companies) / total number of companies

P(company = Mining or IT) = (45 + 32) / 250 = 77 / 250 = 0.308

8 0
3 years ago
Other questions:
  • What are the 4 steps to branding? How could we relate this to the scientific method?
    8·1 answer
  • Cost leadership is most appropriate when a. industry rivalry is high and customers are very sensitive to prices. b. product inno
    10·1 answer
  • When defining the issue for which a decision has to be made, framing the issue in a positive way _____. a. Allows everyone to fe
    12·2 answers
  • Ken Young and Kim Sherwood organized Reader Direct as a corporation; each contributed $55,000 cash to start the business and rec
    13·1 answer
  • Which promotion exemplifies the use of a fixed-ratio schedule of reinforcement?a café prints "you are a winner" on a random one-
    8·1 answer
  • Finnish Motors has the following balance sheet accounts:
    12·1 answer
  • The problem with bank runs is not that ____________will fail; they are, after all, bankrupt and need to be shut down. The proble
    15·1 answer
  • Suppose you face a choice between a certain income of $2,000, or a 50-50 chance of income of $1,000 or $3,000. Suppose you prefe
    11·1 answer
  • The Federal Reserve has the power to implement and manage which type of
    5·1 answer
  • Evaluates the difference between leadership and board governance in establishing strategic planning for a health care organizati
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!