[Answered] Shari's Tennis Club had net sales of 186,400 and the cost of goods sold were 88,760. Operating ...

This topic contains a solution. Click here to go to the answer

Author Question: Shari's Tennis Club had net sales of 186,400 and the cost of goods sold were 88,760. Operating ... (Read 51 times)

bcretired

Hero Member
Posts: 525

on: Jun 24, 2018

Shari's Tennis Club had net sales of 186,400 and the cost of goods sold were 88,760. Operating expenses were 35,100 and owner's equity is 553,400. Calculate the return on investment. (Round to the nearest tenth)
A) 15.0
B) 11.3
C) 12.2
D) 13.6

Question 2

Convert the whole number to a percent: 35

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

blazinlyss

Sr. Member
Posts: 333

Reply #1 on: Jun 24, 2018

Answer to Question 1

B

Answer to Question 2

3,500

bcretired

Member
Posts: 525

Reply 2 on: Jun 24, 2018

Great answer, keep it coming

kalskdjl1212

Member
Posts: 353

Reply 3 on: Yesterday

TYSM

« previous next »

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).