This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Care Inc., has two divisions that operate independently of one another. The financial data for the ... (Read 39 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
on: Mar 6, 2021

Question 1

Bouvous Corporation had the following information for 2015:
Revenue$400,000
Operating expenses350,000
Total assets530,000

What is the return on investment?
◦ 9.4%
◦ 75.5%
◦ 8.6%
◦ 10.4%

Question 2

Care Inc., has two divisions that operate independently of one another. The financial data for the year 2015 reported the following results:

NorthSouth
Sales$6,000,000$5,000,000
Operating income1,900,0001,600,000
Taxable income1,600,000750,000
Investment16,000,00010,000,000

The company's desired rate of return is 10%. Income is defined as operating income.
What are the respective return-on-investment ratios for the North and South Divisions?
◦ 16.00% and 11.88%
◦ 10.00% and 7.50%
◦ 11.88% and 16.00%
◦ 7.50% and 10.00%
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mwit1967 on Mar 6, 2021

JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


mwit1967

  • Member
  • Posts: 501
Reply 2 on: Mar 6, 2021
:D TYSM

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Some Alleles Do Not Assort Independently (Part 2) Some Alleles Do Not Assort Independently (Part 2)
A health history is essential in collecting subjective data about metabolic acidosis. A health history is essential in collecting subjective data about metabolic acidosis.
Teaching postoperative care Teaching postoperative care
Variations Affecting Health Care Among Different Cultures Variations Affecting Health Care Among Different Cultures
After connecting the shutoff tool, start the engine and operate all accessories. Stop the engine ... After connecting the shutoff tool, start the engine and operate all accessories. Stop the engine ...
If before a massage, use the same paper towels to operate door handles and then discard in the ... If before a massage, use the same paper towels to operate door handles and then discard in the ...
Video: Wound Repair Animation

For a complete list of videos, visit our video library