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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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Answer:

Employees with excellent work ethic are often considered by employers for opportunities for special projects because

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2 years ago
Offset overflow freeze set when offset storage within idrs is not large enough to hold all generated transactions, or credit bal
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Hi, there is no question attached to the statement above. Anyway, it looks like you are looking for the IRS code with description. If so, the IRS code for the statement is 1541. Hope this helps you and thank you for the question. 
3 0
3 years ago
During the accounting period, the company purchased $234,000 of direct raw materials. it incurred $180,000 of direct labor costs
amm1812

<u>Calcualtion of Cost of goods manufactured:</u>

(Note: It is assumed that the Cost of Material used is equal to the Cost of Material Purchased $234,000)

Total manufacturing cost = Cost of Material used + Direct labor costs + Allocated manufacturing overhead costs

Total manufacturing cost = 234,000+180,000+260,000 = $674,000


It is also assumed that there were no beginning or ending work in process inventory, that means Total manufacturing cost shall be equal to Cost of goods manufactured.

Hence, Cost of goods manufactured = <u>$674,000</u>




4 0
3 years ago
On April 1, 20X4, Kew Co. purchased new machinery for $300,000. The machinery has an estimated useful life of five years, and de
Afina-wow [57]

Answer:

The answer is B. $180,000

Explanation:

The sum of years' digits method is an accelerated depreciation that is based on the assumption that the productivity of the asset decreases with time.

Here, the sum of the digits are found. In this question, useful life is 5 years. So the sum of the digit is:

5+4+3+2+1 = 15.

April 1 20X4 through March 31 20X6 is 2 years.

First year depreciation is:

5/15 x $300,000

=$100,000

2nd year depreciation is:

4/15 x $300,000

=$80,000

Therefore, accumulated depreciation is

$100,000 + $80,000

$180,000

7 0
3 years ago
After a financial crisis hits the country of Barbaria, 8 million people become unemployed. If 35 million individuals are lucky e
madam [21]

Answer:

18.60%

Explanation:

Total labor force = $8 million + $35 million = $43 million

Unemployment Rate = (Unemployed/Labor force)*100

Unemployment Rate = $8 million/$43 million * 100

Unemployment Rate = 0.1860465 * 100

Unemployment Rate = 18.60%

5 0
3 years ago
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