This topic contains a solution. Click here to go to the answer

Author Question: Stan's Balloon Rides had net sales of 280,611 and the cost of goods sold were 110,900. Operating ... (Read 154 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
Stan's Balloon Rides had net sales of 280,611 and the cost of goods sold were 110,900. Operating expenses were 45,315 and owner's equity is 423,600. Calculate the return on investment. (Round to the nearest tenth)
 A) 29.4
  B) 18.8
  C) 24.1
  D) 28.6

Question 2

Convert the decimal to a percent: .0092



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

A

Answer to Question 2

0.92




rmenurse

  • Member
  • Posts: 513
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Excellent

 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

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?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

For a complete list of videos, visit our video library