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Scilla [17]
3 years ago
9

Given the following data: Average Operating Assets $250,000 Total Liabilities $100,000 Sales $600,000 Contribution Margin $150,0

00 Net Operating Income $30,000 Return on investment (ROI) would be: a. 5%. b. 12%. c. 25%. d. 60%.
Business
1 answer:
VLD [36.1K]3 years ago
3 0

Answer:

b. 12%.

Explanation:

The computation of the return on investment is given below:

return on investment is

= net income ÷ avergae total assets

= ($30,000 ÷ $250,000)

= 12%

Hence, the return on investment is 12%

Therefore the option b is correct

And, the same should be considered and relevant

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How have airplanes changed the way the world does business? choose four answers
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Airplanes changed the way the world does business by decreasing the cost of long-distance travel and improving the speed with which it may be completed. This is further explained below.

<h3>What are Airplanes?</h3>

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3 0
2 years ago
We discussed the invasions of the Roman world by various Germanic tribes in the fifth century and the Arab-Islamic conquests of
EleoNora [17]

Answer:

The invaders were able to govern the more advanced civilizations because they adopted most of the conquered civilizations' customs, rules of governance, and even languages and religion.

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7 0
3 years ago
Which of the following is a mutually exclusive cost pool used in activity-based cost accounting? a. All of the answers are corre
VikaD [51]

Answer:

The correct answer is A: All of the answer are correct

Explanation:

ABC defines production as consisting of a variety of activities, and it assigns costs to those activities. An activity cost pool is an aggregate of all the costs associated with performing a particular business task, such as making a particular product. By pooling all costs incurred in a particular task, it is simpler to get an accurate estimate of the cost of that task.

Cost pool is created for those costs more closely aligned with the production of goods or services. It is very common to have separate cost pools for each product line. If production batches are of greatly varying lengths, then it has to consider creating cost pools at the batch level, so that it can adequately assign costs based on batch size.

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4 0
3 years ago
Jones Corp. reported current assets of $196,000 and current liabilities of $138,500 on its most recent balance sheet. The curren
myrzilka [38]

Answer:

0.74

Explanation:

Jones corporation reported a current assets of $196,000

The current liabilities is $138,500

The current assets consists of $61,000 cash , account receivable= $42,100, inventory= $92,900

Therefore the quick ratio can be calculated as follows

= cash + account receivables

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= $103,100

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= 0.74

Hence the acid test(quick ) ratio is 0.74

4 0
3 years ago
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