Dacker 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: Multiple Choice 31.6% 36.2% 23.2% 8.4%
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Dacker 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The fundamental economic problem faced by a society is that productive resources are so varied and versatile that it is hard to decide what to do with them.
Answers (1)
A cost function is a mathematical description of how a cost changes with changes in the level of an activity relating to that cost. True / False.
Answers (1)
Which of the following statements about the Consumer Decision Process is false? a. In a successful purchase, every stage in the process has to happen. b. Sometimes consumers process a stage or stages subconsciously. c.
Answers (1)
Which pfds would be considered readily accessible?
Answers (1)
If you provide a service and sell some tangible goods, you are generally required by state and municipal laws to collect a tax. True False
Answers (1)
New Questions in Business
Three members of the DiCarlo family, Vinny, Maria, and Franki, are choosing the entree for a large family reunion. Their options are: spaghetti, ravioli, lasagne, and pizza.
Answers (1)
How much of gordon's social security is taxable? a. $0 b. $16,000 c. $13,600 d. $6,646?
Answers (1)
Buffalo Corporation purchased warehouse shelving for $96,000, terms 1/10, n/30. At the purchase date, Buffalo intended to take the discount. Therefore, it made no entry until it paid for the acquisition. The entry was:
Answers (1)
Murphy's, Inc., has 85,000 shares of stock outstanding with a par value of $1 per share. The market value is $12 per share.
Answers (1)
The production possibilities curve illustrates the basic principle that: Group of answer choices A) an economy will automatically obtain full employment of its resources.
Answers (1)