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Sedbober [7]
3 years ago
13

Auagaa474 Corporation had sales of $491,300 and average operating assets of $289,000 for the past period. What is the margin tha

t Auagaa474 needed to earn in order to achieve an ROI of 27.2%?
Business
1 answer:
astra-53 [7]3 years ago
8 0

Answer:

16%

Explanation:

Calculation for the margin that Auagaa474 needed to earn in order to achieve an ROI of 27.2%

First step is to calculate the Turnover using this formula

Turnover = Sales ÷ Average operating assets

Let plug in the formula

Turnover= $491,300 ÷$289,000

Turnover=1.7

Now let calculate the margin using this formula

ROI = Margin × Turnover

Let plug in the formula

27.2% = Margin × 1.7

Margin = 27.2% ÷ 1.70

Margin=0.16*100

Margin= 16%

Therefore the margin that Auagaa474 needed to earn in order to achieve an ROI of 27.2% will be 16%

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Diane's nice choice for his Ira is Roll over his IRA to her IRA and take distributions starting at her age 70½.

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6 0
2 years ago
Balance sheet and income statement data indicate the following:
QveST [7]

Answer:

the times interest earned ratio is 5.87 times

Explanation:

The computation of the times interest earned ratio is shown below:

Interest expense is

= Bonds payable × Interest rate

= $1,106,989 × 6%

= $66,419

Now

Times interest earned ratio is

= (Income before income tax for year + Interest expense) ÷ Interest expense

= ($323,108 + $66,419) ÷ ($66,419)

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4 0
3 years ago
Which describes the purpose of minimum-balance fees?
Cerrena [4.2K]

Answer:

make sure customers keep sufficient funds in their account

Explanation:

Minimum balance is the amount that an account holder has to be kept in the account. The minimum amount is to be maintained so as to enjoy the benefits of the account like receiving interests. The minimum balance defers from one bank to another. Maintaining the minimum helps in accessing loans and other facilities.

5 0
3 years ago
The video says only a handful of companies make eyeglasses and they mark them up 10 or 20 or more times. Markup pricing is best
Alborosie

Answer:

Option A: Adding a predetermined percentage of the cost to the cost of the product

Explanation:

Price

This is simply refered to as money or other thing that ia used i exchanged for the right, ownership or use of a good or service.

Markup

This is commonly defined as thd difference between the cost price and the selling price of an goods or services that the business gives. it is the dollar amount listed or added to the cost of products to get the selling price. It is fondly called Gross Profit , Markup Margin or Margin, Gross Margin.

Standard Markup Pricing

This is the difference between selling price and cost. It is usually called as a percentage of cost.

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8 0
3 years ago
Alcohol is a ___________ A. depressant that effects the central nervous system. B. diuretic, eliminating water from the body. C.
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A. depressant that effects the central nervous center.
8 0
3 years ago
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