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tester [92]
3 years ago
14

Yellowday Energy’s margin was 3% and turnover was 4.0 on sales of $50 million for the year. ROI for the year was:______

Business
1 answer:
Firlakuza [10]3 years ago
4 0

Answer:c. 12.0%

Explanation:Return on Investment (ROI) is a measure used by firms in order to determine how effective an investment is in terms of gains from its proceeds when compared to the amount invested .

Given

Yellowday Energy margin as 3%

turnover= 4.0 and sales as $50million,

we can calculate the ROI,Return on Investment , as the Profit margin multiplied by turnover

ROI = Profit Margin  x Turnover

  = 3% x 4.0

    = 0.03 x  4.0

     =0.12

0.12 x 100

= 12.0%  

You might be interested in
Which of the following statements is incorrect? Employment insurance compensation encourages longer job searches, which may lead
Wittaler [7]

Answer:

Employment insurance compensation increases the opportunity cost of being

unemployed.

Explanation:

The Employment insurance program is the benefit that is provided temporarily to the people who do not have jobs or had lost their jobs of no fault of their own. This program helps the unemployed with financial help temporarily so that they can survive and search for another jobs.

The compensations provided from the employment insurance encourages the people for a longer job search and better match between the employees and the jobs. This financial aid is provided for up to a maximum of 26 months and for 1/3rd of one's latest salary. The demand and supply curve for te labor is shifting constantly.

Thus the incorrect statement is :

Employment insurance compensation increases the opportunity cost of being

unemployed.

6 0
3 years ago
What is the unit cost per tire when 4,000 tires are produced?
Papessa [141]

Answer: $76

Explanation:

If Blue Wagon sells everything it produces, this means that the capacity of the factory is underutilised and so more goods can be produced.

The fixed cost for producing 3,000 tires will therefore be the fixed costs for producing 4,000 tires.

= 20 * 3,000

= $60,000

Total cost when 4,000 tires are produced is;

= Variable costs + fixed costs

= (38 * 4,000) + ( 14 * 4,000) + ( 9 * 4,000) + 60,000

= 152,000 + 56,000 + 36,000 + 60,000

= $304,000

Cost per tire;

= 304,000/4,000

= $76

7 0
4 years ago
Inez was content with her job at Pieces Packaging until the company added two levels of supervision, lowered bonuses, and decrea
nasty-shy [4]

Answer:

hygiene

Explanation:

<em>A hygiene factor is what characterizes the environment of an individual's work, this includes policies, relationships between co-workers, security, supervision, etc.</em> In the question given Inez's dissatisfaction is due to these factors that were changed by her company.

I hope you find this information useful and interetsing! Good luck!

3 0
3 years ago
Oil Products Company purchases an oil tanker depot on January 1, 2017, at a cost of $600,000. Oil Products expects to operate th
anzhelika [568]

Answer:

The Journal entries are as follows:

(i) On January 1, 2017

Plant Assets A/c Dr. $600,000

      To cash                                 $600,000

[To record the depot]

(ii) On January 1, 2017

Plant Assets A/c Dr. $41,879

       To To Asset retirement obligation $41,879

[To record the Asset retirement obligation]

Missing information: Based on an effective-interest rate of 6%, the present value of the asset retirement obligation on January 1, 2017, is $41,879.

4 0
4 years ago
Jackson Drilling Company (JDC) is a U.S. multinational firm that conducts business and holds funds throughout Europe and Asia. T
miss Akunina [59]

Answer:

The correct answer is letter "B": An Eurodollar deposit.

Explanation:

A Eurodollar deposit refers to the act of depositing large amounts of money outside the U.S. most of the time to avoid levies and responsibilities. The deposits are not necessarily sent to European countries, it could be anywhere around the world. Most preferred destinations are the Bahamas and Cayman Islands which are considered tax havens.

5 0
3 years ago
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