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son4ous [18]
3 years ago
11

Dallas Products is a division of a major corporation. The following data are for the most recent year of operations: Sales $ 37,

880,000 Net operating income $ 3,508,960 Average operating assets $ 9,400,000 The company's minimum required rate of return 14 % The division's margin used to compute ROI is closest to:
Business
1 answer:
Mandarinka [93]3 years ago
7 0

Answer:

See below

Explanation:

Given the above information, margin is computed as;

Margin = Net operating income / Sales

Sales = $37,880,000

Net operating income = $3,508,960

Then,

Margin = $3,508,960 / $37,880,000

Margin = 9.26%

Therefore, the division's margin used to compute ROI is closest to 9.26% approximately

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Answer:

c. inventory

Explanation:

As per the business perspective, the inventory taxes should be analogous for the personal property taxes that paid by the individuals as the inventory taxes is involved in the business property tax i.e. tangible as well as personal

Therefore as per the given options, the option c is correct

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2 years ago
What are the criteria for distinguishing between a deductible expense and a capital expenditure?
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Today, upon graduation from medical school, physicians often recite the Hippocratic oath. Where did this originate, and what was
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Answer: When employees are provided with a conducive environment they perform better than normal and with good products and services customers are satisfied hence more profit. The CEO should ensure all department work with same goal for the benefit of the organization

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