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
Elena L [17]
3 years ago
6

The Nacho Division of the Tex-Mex Company has a return on investment (ROI) of 12%, sales of $217,000, and an asset turnover of 4

. What was Nacho's operating income?
a. $1,628.
b. $6,510.
c. $104,160.
d. $26,040.
Business
1 answer:
BlackZzzverrR [31]3 years ago
4 0

Answer:   Nacho's operating income= b. $6,510.

Explanation:

First, we calculate the Total Asset of the Divison.

Asset turnover = Sales/ Total Assets

Total Assets = Sales/ Asset turnover

= $217,000/ 4

Asset turnover=$54,250

Also Return on investment = Operating Income/ Total Assets

Therefore Operating Income=Return on investment x Total Assets

= 12% X 54,250

=$6,510

You might be interested in
One of the four conditions for perfect competition is few sellers and buyers. <br><br> True or False
KiRa [710]
<em>The answer you are looking for is: </em>
<u><em>True</em></u>
<em>hope that helps!!</em>
<em> have a wonderful day!!</em>
8 0
3 years ago
An organization whose duties include consolidating small loads of freight, negotiating shipping rates, and booking space on tran
Nuetrik [128]

Answer:

Freight Forwarder

Explanation:

The Freight Forwarder can be an individual person or a company which organizes the shipments for a person or company to get goods or products transferred from the manufacturer to the customer or the market i.e the final destination of distribution.

Forwarders involves with a carrier or with the number of carriers to transfer the goods.

6 0
3 years ago
Which statement is true according to the article?Choose one:A. Chilean companies aim to improve their wine distribution in China
Rufina [12.5K]

Answer:

The answer is "Option A".

Explanation:

In this question, the first choice is correct because the Chilean organizations continue to improve the existing wine business in the country of China, with Chile aiming to the advantage of the military conflict as well as expand its position in the Chinese beverage (wine) market though the wider optimization.

4 0
3 years ago
Chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (U
Andrew [12]

Answer:

Given that,

Taxable income = $75,000

Interest from an investment = $10,000

Using the U.S tax rate schedule in 2017

(a) Federal tax will he owe = $5,226.25 + 25% × ($75,000 - $37,950)

                                            = $5,226.25 +  $9262.5

                                            = $14,488.75

(b) Average\ Tax\ Rate = \frac{Total\ Tax}{Taxable\ Income}

    Average\ Tax\ Rate = \frac{14,488.75}{75,000}

                                             = 19.32%.

(c)Effective\ Tax\ Rate = \frac{Total\ Tax}{Total\ Income}

Effective\ Tax\ Rate = \frac{14,488.75}{75,000 + 10,000}

                                        = 17.05%          

(d) Chuck is currently in the 25 percent tax rate bracket.

His marginal tax rate on increases in income up to $16,900 and deductions from income up to $37,050 is 25 percent.                                                

6 0
3 years ago
A survey reveals that, on a small island, 175 people have jobs, 25 people are not working but are looking for jobs, and 90 peopl
joja [24]

Answer:

The answer is = 12.5%

Explanation:

The 175 people that have jobs are in unemployment (employed).

The 25 people that are not working but are looking for jobs are called unemployed.

The 90 people are neither working nor looking for work for work are not counted in the employment.

Therefore, the labor force is employed people + unemployed people.

Labor force is 175 + 25= 200 people.

So, unemployment rate is:

(unemployed people ÷ labor force) x 100

(25÷200) x 100%

=12.5%

3 0
3 years ago
Other questions:
  • Standlar Company makes and sells wireless speakers. The price of the standard model is $360 and its variable expenses are $210.
    12·1 answer
  • "when leased computing resources can be increased or decreased​ dynamically, they are said to be​ ________."
    15·1 answer
  • Suppose you are a salesperson for an office supply company. one of your customers left you a message indicating that they were u
    8·1 answer
  • Paxton Company can produce a component of its product that incurs the following costs per unit: direct materials, $9.90; direct
    13·1 answer
  • Seymour owns 3 acres of beautiful waterfront property on a large inland lake. In his will, Seymour donates the land to the state
    11·1 answer
  • Which of the following statements is CORRECT? Since depreciation increases the firm's net cash provided by operating activities,
    7·1 answer
  • Which of the following is used to manage employee performance and to align all employees with the key objectives a firm needs to
    12·1 answer
  • how to calculate the hourly wage based on the monthly income and state the hourly wage. assume that each full time worker works
    7·1 answer
  • What is the role of a consumer in the economy nation
    10·1 answer
  • What is the meaning of employee evaluation ​
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!