The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales$790,000?Net operating income$49,000?Average operating assets$290,000?Stockholders' equity$79,000?Residual income$19,000?For the past year, the margin used in ROI calculations was:
A. 8.87%
B. 8.61%
C. 6.20%
D. 10.00%
Answer: C
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In the EOQ model, if quantity discounts are offered, buying a larger quantity just because of the lower per-unit purchase price ______.
a. might not result in the minimum total annual cost because the holding costs are likely to increase b. will result in the minimum total annual cost c. might not result in the minimum total annual cost because the ordering costs are likely to increase d. will result in the highest total annual cost
If you purchase an automobile for $20,000 in 2006 and inflation is 4 percent, how much would a
similar automobile sell for four years from then? A) $16,438 B) $16,454 C) $24,310 D) $24,334
When preparing the operating activities section of the statement of cash flows using the indirect method, accumulated depreciation is added to net income in the operating section.
Answer the following statement true (T) or false (F)
Which is not an example of an information transfer that occurs between partners in a supply chain?
A) Purchase orders B) Invoices C) Time studies D) Electronic payments E) Forecasts