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RUDIKE [14]
3 years ago
6

Correll Company has two divisions, A and B. Information for each division is as follows: Division A B Operating Profit $40,000 $

260,000 Investment in Division $100,000 $1,200,000 Weighted Average Cost of Capital 12% 12% Profit Margin Percentage 10% 20% What is the investment turnover for Division A?
Business
1 answer:
Amanda [17]3 years ago
3 0

Answer:

The investment turnover for Division A is 4.

Explanation:

The computation of the investment turnover ratio for division A is shown below

Operating profit = $40,000  

Profit margin percentage = 10%

Profit margin percentage = Operating profit ÷ Net sales

10% = $40,000 ÷Net sales

Net sales = $400,000

Investment = $100,000

Now  

Investment turnover = Net sales ÷  Investment

= $400,000 ÷ $100,000

= 4.00

hence, The investment turnover for Division A is 4.

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Answer:

Quantity demanded of B/percentage change in price of A.

Explanation:

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Cross price elasticity of demand is positive for the substitute goods and negative for the complimentary goods.

For Substitute goods:

It states that there is a positive relationship between the price of a good and the quantity demanded for its substitute goods.

For complimentary goods:

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3 0
4 years ago
4) When do credit cards charge interest? Do you pay interest on everything you buy
posledela

Answer:

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Explanation:

6 0
3 years ago
The accounts payable account is listed in the chart of accounts as an asset.<br> True<br> False
mafiozo [28]

Answer:

False

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Because payables are money that the business owes others, they are listed as liabilities. Liabilities are the debts that a business acquires as it engages in its regular activities. Assets are the items of value that a business own. Payables are not assets as they are financial obligations the company is expected to meet.

6 0
4 years ago
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Sonja [21]

Answer:

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The Constructive Conflict Coordination principle advocates the school of thought that employees should be allowed to be  self starters whose conflicting situations are treated constructively. Furthermore, management should basically serve as a tool for coordinating activities and actions rather than controlling and demanding adherence.  

This traits allow the employees to willingly do their jobs and also develop a high level of confidence at thier jobs as well.

5 0
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6 0
4 years ago
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