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Author Question: Noble Corporation had sales of $3,000,000 and operating income of $500,000. Noble also had $900,000 ... (Read 49 times)

eboni

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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
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Marked as best answer by eboni on Feb 5, 2023

Spike8502

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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.
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eboni

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Reply 2 on: Feb 5, 2023
Excellent

TheDev123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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