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 17 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

rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha
Ten Leading Causes of Death in High-Income Countries, 2008 Ten Leading Causes of Death in High-Income Countries, 2008
Wangechi Mutu Le Noble Sauvage Wangechi Mutu Le Noble Sauvage
Saving Rates by Income Quintile, 2003 Saving Rates by Income Quintile, 2003
Relationship between Income per Capita and Population Growth Relationship between Income per Capita and Population Growth
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
Video: How do the different types of chromatography work? (No Audio)

For a complete list of videos, visit our video library