BR Company has a contribution margin of 8%. Sales are $497,000, net operating income is $39,760, and average operating assets are $135,000. What is the company's return on investment (ROI) ? BR Company has a contribution margin of 8%. Sales are $497,000, net operating income is $39,760, and average operating assets are $135,000. What is the company's return on investment (ROI) ?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “BR Company has a contribution margin of 8%. Sales are $497,000, net operating income is $39,760, and average operating assets are $135,000. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Ridiculousness, Inc., has sales of $44,000, costs of $20,600, depreciation expense of $1,700, and interest expense of $1,000. If the tax rate is 35 percent, what is the operating cash flow, or OCF
Answers (1)
Which of the following statements is true? Tax rates refer to the percentage of income that is taxed, whereas tax revenues refer to the dollars collected by government in taxes.
Answers (1)
Compute the overhead variances for the year: variable overhead cost variance, variable overhead efficiency variance, fixed overhead cost variance, and fixed overhead volume variance
Answers (1)
Are dinosaurs going to come back
Answers (2)
A closed economy is one that (a) does not import or export goods and services but (b) does borrow from other nations and/or lend to other nations. a. True b. False
Answers (1)
New Questions in Business
It would be faster for a human resource manager to use a (an) (blank) to alert employees about a company picnic.
Answers (1)
Why do economists use models? a. Models are used to add complexity to a simple world. b. Models allow us to study a simplified version of a complex world. c. Models allow us to control exogenous factors. d. Models make the world harder to understand.
Answers (2)
On January 1, Wei company begins the accounting period with a $45,000 credit balance in allowance for doubtful accounts. a. On February 1, the company determined that $9,800 in customer accounts was uncollectible; specifically, $2,400 for Oakley Co.
Answers (2)
Accounts are classified in the ledger a. alphabetically b. chronologically c. so that accounts used most often are listed first d. in accordance with their appearance in the financial statements
Answers (1)
In 1-2 sentences, explain how wage discrimination results in unequal pay.
Answers (1)