Dallas Products is a division of a major corporation. The following data are for the most recent year of operations: Sales $ 37,080,000 Net operating income $ 3,108,960 Average operating assets $ 8,600,000 The company's minimum required rate of return 16 % The division's margin used to compute ROI is closest to:
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Dallas Products is a division of a major corporation. The following data are for the most recent year of operations: Sales $ 37,080,000 Net ...” 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
Beasley Industries' sales are expected to increase from $5 million in 2013 to $6 million in 2014, or by 20%. Its assets totaled $2 million at the end of 2013. Beasley is at full capacity, so its assets must grow in proportion to projected sales.
Answers (1)
Douglas International consistently estimated its bad debt expense at 2 percent of credit sales. In 2020, however, Douglas determines that it should revise downward the estimate of bad debts for the current year's credit sales to 1.5 percent.
Answers (1)
Jim and Sally are not married. They lived together all year. Sally had $5,000 in earned income during 2019. Jim earned $30,000 in wages. Jim and Sally have two children. Tyler is 10 years old, and Jamie is 8.
Answers (1)
Violet deploys an intrusion prevention system (ips) on her network as a security control. what type of control has violet deployed?
Answers (1)
The specification for the diameter of the shaft used in a particular product are 17 cm ± 0.6 cm. The process that produces this shaft is known to be in a state of statistical control and to operate with a mean of 17.
Answers (1)
New Questions in Business
Barr Corp. started a long-term construction project in 20X0. The following data relate to this project: Contract price $4,200,000 Costs incurred in 20X0 $1,750,000 Estimated costs to complete $1,750,000 Progress billings $900,000 Collections on
Answers (1)
Bob contributed a building with an adjusted basis to Bob of $50,000 and a fair market value of $150,000 subject to a mortgage of $120,000 in exchange for a 30 percent interest in the Alpha Partnership. Alpha will assume the mortgage on the building.
Answers (1)
Nareen is single, 68 years old, and reports the following in 2018: a. $12,000 alimony received (divorced in 2010) b. $82,520 Schedule C profit c. $3,500 SEP (self-employed pension) plan contribution d. $7,150 qualified dividends e.
Answers (1)
Sun Inc. has 5,000 shares of 6%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2007. What is the annual dividend on the preferred stock? a. $60 per shareb. $30,000 in totalc.
Answers (1)
a risk averse investor, which of the following four otherwise identical investment would you prefer? A. Security W, which exhibits a standard deviation of 2% and offers an average return of 12%. B.
Answers (1)