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

Author Question: Shari's Tennis Club had net sales of 186,400 and the cost of goods sold were 88,760. Operating ... (Read 89 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


Related Topics

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 :)

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Worldly Goods Worldly Goods
A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ... A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ...
Typical Startup Cost Categories Typical Startup Cost Categories
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ... Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library