Calculator Atlas Company provided the following information for last year: Operating income $ 92,000 Sales 235,000 Beginning operating assets 410,000 Ending operating assets 440,000 Which of the following is Atlas's return on investment (ROI) for last year? (Note: Round answer to two decimal places.)
a. 0.50
b. 0.22
c. 0.15
d. 0.32
e. 0.41
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Calculator Atlas Company provided the following information for last year: Operating income $ 92,000 Sales 235,000 Beginning operating ...” 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
U. S. GDPa. includes production of foreigners working in the U. S. but excludes production by U. S. residents working in foreign countries. b. excludes production of foreigners working in the U. S. and production by U. S.
Answers (1)
49) Companies using lean systems generally have: a. suppliers who are low-cost producers. b. suppliers that are willing to accept short-term contracts. c. suppliers that are located nearby to decrease delivery lead time. d.
Answers (1)
What is the most important thing to remember when writing a draft? a. use the spelling and grammar checkers. b. write in phrases, not in sentences. c. write quickly without over thinking. d. look for mistakes in subject-verb agreement.
Answers (2)
The management department at the university decides to add a new program in restaurant, hotel, and institutional management.
Answers (2)
How important is it to you to produce error free work? very important important somewhat important unimportant very unimportant?
Answers (1)
New Questions in Business
Silver Trading Corp. recorded a net income of $200,000 for the year 2021. For the same period, the company purchased land for $150,000. It sold some of its long term investments for $50,000 during the period.
Answers (1)
What is the term that refers to a form of wealth that can be stored for the future?
Answers (1)
NewLinePhone Corp. is very risky, with a beta equal to 2.8 and a standard deviation of returns of 32%. The risk-free rate of return is 3% and the return on the market is 11%. NewLinePhone's marginal tax rate is 35%.
Answers (1)
Which of the following is a drawback of setting pay rates based strictly on a pay policy line? A. It increases the administrative burden of managing the compensation system. B. Employees have difficulty interpreting regression analysis. C.
Answers (1)
Long-lived assets are: a) non-operating assets expected to yield their economic benefits (or service potential) over a period longer than one year.
Answers (1)