FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Calculate Return on investment (ROI) using the following data: Sales $50,000 Net operating income $5,000 Contribution margin $20,000 Average operating assets $25,000 Stockholders' equity $15,000arrow_forwardBR Company has a contribution margin of 20%. Sales are $403,000, net operating income is $80,600, and average operating assets are $128,000. What is the company's return on investment (ROI)? Multiple Choice 63.0% 0.3% 20.0% 3.2%arrow_forwardEstate has an ROI of 19.4% based on revenues of $570,000. The residual income is $19,950 and the investment turnover is 2. What is the hurdle rate? Multiple Choice 19.40% 24.80% 9.70% 12.40%arrow_forward
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