The return on investment for this division is (B) 20%.
<h3>
What is the return on investment (ROI)?</h3>
- Return on investment (ROI) or return on costs (ROC) is a ratio of net income to investment over time (costs resulting from an investment of some resources at a point in time).
- A high ROI indicates that the benefits of the investment outweigh the costs.
- ROI is used as a performance indicator to evaluate the efficiency of an investment or to compare the efficiencies of several investments.
- It is one method of connecting profits to capital invested in economic terms.
<h3>To find the return on investment for this division:</h3>
= income/average invested assets
= $40,000/$200,000
= return on investment
= 20%
Therefore, the return on investment for this division is (B) 20%.
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Correct question:
The Midwest Division of Grainger Company has an investment center average invested assets of $200,000 and an investment center income of $40,000. What is the return on investment for this division?
(A) 500%
(B) 20%
(C) 25%
(D) 80%
Answer:
A. citizens tend to have greater confidence in the economy.
Explanation:
When a nation's standards of financial reporting are transparent and effective, by extension, the citizens tend to have greater confidence in the economy.
This is because when the government are transparent about the financial affairs of the nation, the citizens are confident in the economy
Answer: Economic Surplus : $12
Explanation: Economic surplus is the difference between benefit and cost.
In this case, since he is working as a math tutor, he will get $45, there is no other cost. But if he goes for a movie, he will have to spend $12 on movie, which is the cost he needs to bear. The economic surplus is $12 which is not spent on the movie and worked as a math tutor.
Answer:
C. strictly liable for Will's injuries
Explanation:
In law, Strict liability is a situation when defendant is required to be responsible to a certain situation, but can't be considered as guilty to any violation.
There are two points that need to be highlighted from the case above:
1. Astor Manufacturing process has fulfilled all of its safety regulation for storing the dangerous product.
2. The dangerous product owned by Astor Manufacturing caused William's injury.
The regulations for hazard management is created by the government, and the leak is not caused by their negligence. It's caused by unexpected natural disaster. This is why we can't say that Astor is guilty to any violation.
But still, the chemical that they created injured William. The court will most likely force Astor to be responsible for all the medical expenses incurred by william.
Answer:
= 12.5%
Explanation:
<em>Profit margin ration is the the percentage of sales that a business earns as profit. In the context of a division, the higher the figure, the better and the more profitable the operation of the division. The profit margin ratio is computed as follows:</em>
Profit margin ratio = Net operating profit/ Sales× 100
Industrial profit margin ratio
Net operating margin - 218,000
Net Sales - 1,750,000
Profit margin ratio
= 218,000/1,750,000 × 100
= 12.5%
