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

Author Question: Noble Corporation had sales of $3,000,000 and operating income of $500,000. Noble also had $900,000 ... (Read 18 times)

eboni

  • Full Member
  • ***
  • Posts: 135
on: Feb 5, 2023

Question 1

ABC Corporation's North Division generates operating income of $100,000 on $900,000 in sales. The company had $400,000 in assets at the beginning of the year and $450,000 at the end of the year. What is the company's return on investment for the year?
◦ 42.5%
◦ 100%
◦ 23.5%
◦ 11.1%

Question 2

Noble Corporation had sales of $3,000,000 and operating income of $500,000. Noble also had $900,000 of assets on January 1 and $800,000 on December 31. What is the corporation's ROI for the year?
◦ 59.9%
◦ 35.3%
◦ 58.8%
◦ 26.7%
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by eboni on Feb 5, 2023

Spike8502

  • Full Member
  • ***
  • Posts: 140
Reply #1 on: Feb 5, 2023
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 60% of students answer this correctly


eboni

  • Member
  • Posts: 135
Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha
The Head Start program was designed to increase the school readiness of low-income children. The Head Start program was designed to increase the school readiness of low-income children.
Sources of income for U.S. population aged 65 and over. Sources of income for U.S. population aged 65 and over.
The More Things Change, The More They Say the Same: Dividing the Nation's Income The More Things Change, The More They Say the Same: Dividing the Nation's Income
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
Saving Rate by Decile of Income per Capita Saving Rate by Decile of Income per Capita
Video: Stroke volume - preload, sarcomere length and Frank -Starling law

For a complete list of videos, visit our video library