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

Author Question: Care Inc., has two divisions that operate independently of one another. The financial data for the ... (Read 69 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
on: Mar 6, 2021

Question 1

Bouvous Corporation had the following information for 2015:
Revenue$400,000
Operating expenses350,000
Total assets530,000

What is the return on investment?
◦ 9.4%
◦ 75.5%
◦ 8.6%
◦ 10.4%

Question 2

Care Inc., has two divisions that operate independently of one another. The financial data for the year 2015 reported the following results:

NorthSouth
Sales$6,000,000$5,000,000
Operating income1,900,0001,600,000
Taxable income1,600,000750,000
Investment16,000,00010,000,000

The company's desired rate of return is 10%. Income is defined as operating income.
What are the respective return-on-investment ratios for the North and South Divisions?
◦ 16.00% and 11.88%
◦ 10.00% and 7.50%
◦ 11.88% and 16.00%
◦ 7.50% and 10.00%
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mwit1967 on Mar 6, 2021

JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
Reply #1 on: Mar 6, 2021
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 35% of students answer this correctly


mwit1967

  • Member
  • Posts: 501
Reply 2 on: Mar 6, 2021
Wow, this really help

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Energy budget for a temperate deciduous forest (data from Gosz et al. 1978). Energy budget for a temperate deciduous forest (data from Gosz et al. 1978).
Culturally competent care Culturally competent care
Post Care of a Hip Fracture Post Care of a Hip Fracture
The two divisions of the dorsolateral motor pathway: the dorsolateral corticospinal tract and the ... The two divisions of the dorsolateral motor pathway: the dorsolateral corticospinal tract and the ...
Essentials of Paramedic Care Update Essentials of Paramedic Care Update
Paramedic Care: Principles & Practice, Volume 1, 5th Edition Paramedic Care: Principles & Practice, Volume 1, 5th Edition
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library