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 44 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
:D TYSM

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

American women operating machine lathes in a munitions factory. American women operating machine lathes in a munitions factory.
Income of Adult Children Compared With That of Their Parents Income of Adult Children Compared With That of Their Parents
Ten Leading Causes of Death in Low-Income Countries, 2008 Ten Leading Causes of Death in Low-Income Countries, 2008
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Video: Resting membrane potential - electrical polarity and maintenance requirements

For a complete list of videos, visit our video library