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
Failing to respond to the needs of internal customers will diminish the confidence these users have in purchasing, and they may
Solnce55 [7]

Answer:

The correct answer is Maverick buying.

Explanation:

Maverick, is a wayward, a dissident, a rebel, someone who refuses to abide by the rules or resists joining a group. The term originates from Samuel A. Maverick (1803-1870), a Texas rancher, who refused to mark his cattle.

The "maverick buying", refers to purchases out of contract or channels established by an organization. For example, the Corporate Supply department negotiates a competitive price for certain particular models of laptops with a distributor. Days later, someone from the Human Resources department requests the purchase of a much more expensive model, for which a discount has not been negotiated.

Another example: traveling in an airline and staying in a hotel other than those with which the company has signed agreements.

The impact of bypassing the preferred purchasing channels and systems can vary from operational inefficiency, to missing out on the advantages of corporate contract negotiation, large fines and even jail time.

4 0
3 years ago
A change in location with respect to a reference point is ___ <br> PLEASE HELP!!!
balandron [24]

Answer:

Motion.

Explanation:

Motion can be defined as a change in location with respect to a reference point.

This ultimately implies that, motion would occur as a result of a change in location (position) of an object with respect to a reference point or frame of reference i.e where it was standing before the effect of an external force.

Mathematically, the motion of an object is described in terms of acceleration, time, distance, speed, velocity, displacement etc.

3 0
3 years ago
Which of the following would be a likely contact group for someone like Sharon, an intern who just started working for the produ
larisa [96]
The best and the most correct answer among the choices provided by the question is the the second choice. The people that would most likely contact Sharon are her office mates from their department. I hope my answer has come to your help. God bless and have a nice day ahead!
3 0
3 years ago
Read 2 more answers
All of the following assets require a title as proof of ownership, except: Group of answer choices Life insurance. Boat. Home. V
bearhunter [10]

Answer:

Life insurance.

Explanation:

A life insurance policy can be defined as a contract between a policyholder and an insurer, in which the insurer agrees to pay an amount of money to a specific beneficiary either upon the death of the insured person (decedent) or after a set period of time.

All of the following assets such as home, boat, vehicle require a title as proof of ownership, except a life insurance because no one person can present a proof to attest to the ownership of their life.

Simply stated, a life of an individual is abstract and as such can not be quantified or qualified by any document as a proof to be presented to another person or business entity. Thus, a life insurance cannot be used as a collateral to obtain credits or loans from a financial institution or investors.

3 0
3 years ago
Alex and bailey opened a dance studio together as general partners. they each invested $10,000 of their personal savings. after
Ivahew [28]

Since Alex and Bailey are partners and they will be shutting down the partnership. the debts should be settled by both. they will have to sacrifice their personal assets in doing so

7 0
3 years ago
Other questions:
  • Finding dominant strategies is often a very way of analyzing a game. Consider the following game: Microsoft and Apple are the tw
    7·1 answer
  • What are possible red flags or signs of a scam when buying a car?
    6·1 answer
  • Suppose consumer income increases. If grass seed is a normal good, the equilibrium price of grass seed will a. decrease, and pro
    12·1 answer
  • In an efficient market, prices appear to move randomly becauseA) investors do not process new information correctly.B) only new
    8·1 answer
  • Which of the following are research and development activities?
    11·1 answer
  • Rowdy's Restaurants cash flow ($ in millions)
    11·2 answers
  • Suppose a worker in Peru can produce 11 lamps or 4 dressers in a day and a worker in Canada can produce 15 lamps or 6 dressers i
    10·1 answer
  • What are the basic need-to-know things about wound care nursing?
    12·1 answer
  • The common stock of the P.U.T.T. Corporation has been trading in a narrow price range for the past month, and you are convinced
    5·1 answer
  • Selina has lost her job. She has been combing the newspapers looking for another one and has been in contact with colleagues to
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!