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masha68 [24]
4 years ago
15

Campbell Candy Corporation desires a 14% return on investment (ROI) on all operations. The following information was available f

or the company for the current year: Sales $ 14,000 Operating income $ 4,000 Turnover 0.5 What is the corporation's ROI? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Multiple Choice
A. 28.57%
B. 22.57%
C. 14.29%
D. Impossible to determine from the information given.
Business
1 answer:
lawyer [7]4 years ago
6 0

Answer:

D. Impossible to determine from the information given.

Explanation:

ROI (return on investment) = (current value of investment – cost of investment)/ cost of investment

In this case, we don’t have any information of the investment and its value, except the expected ROI of company

In conclusion, we can’t define actual ROI for this case with such information.

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he exchange rates of the euro (€ ) and the Japanese yen (¥) relative to the U.S. dollar ($) are listed as follows: Spot Rate Eur
bearhunter [10]

Answer:

€ 0.004871

Explanation:

Direct quote is a method of quoting a foreign currency per one unit of domestic currency.

Indirect quote is a method of quoting a foreign currency in which price of foreign currency is expressed in domestic currency.

In the given question to find the units Euro per Yen we need to divide the Euro per dollar rate with the Yen per dollar rate.

Euro 0.5547 / $1

Yen 111.83 / $1

Euro per Yen = 0.5547 / 111.83 = €0.004871 per ¥1

5 0
4 years ago
How do entrepreneurs contribute to nation economically
Finger [1]
Entrepreneurs help the nation by creating new and unique businesses (which can increase profit and employment), they add to national income, and they create social change.
3 0
4 years ago
Due to your good​ credit, your bank reduces the interest rate on your ​$10 comma 000 loan from 8.4​% to 7.3​% per year. Thanks t
Zina [86]

Answer:

The correct answer is $110.

Explanation:

According to the scenario, the given data are as follows:

loan amount = $10,000

Before interest = 8.4%

After interest = 7.3%

So, we can calculate the amount we save in interest can be calculated by using following formula:

Amount of savings in interest = loan amount × difference in interest rate

= $10,000 × ( 8.4% - 7.3% )

= $10,000 × 1.1%

= $10,000 × 0.011

= $110

Hence, the amount we save in interest this year is $110.

8 0
3 years ago
Green Wave Company plans to own and operate a storage rental facility. For the first month of operations,the company has the fol
KATRIN_1 [288]
The answer is # two
6 0
3 years ago
Lucy works in an office that has nonterritorial workspaces. this is new to her, and she would like to display good open office e
KonstantinChe [14]
Lucy should <span>Speak in a soft voice and wear headphones to cut down on noise.
In nonterritorial workspaces, the sound that an employee made will be heard by another employees around her.
This will most likely negatively affect your surrounding because your noise will distract your coworkers and affect their productivity</span>
3 0
4 years ago
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