The general formula for return on investment is revenue divided by investment in assets.

Answer the following statement true (T) or false (F)


False

ROI = Operating income ÷ Operating assets

Business

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Global automakers are targeting the U.S. market with SUVs. All of the following SUVs are assembled or manufactured in the listed country except:

A) Porsche in Germany. B) Honda in Japan. C) Volkswagen in Slovakia. D) Kia in India. E) Mercedes-Benz in the United States.

Business

What are the powers of the Consumer Product Safety Commission? Name some consumer products excluded from the purview of the CPSC

What will be an ideal response?

Business

Many organizations hire an outside consulting firm that specializes in systems development to perform some or all of their computer and information systems development activities.

Answer the following statement true (T) or false (F)

Business

Indicate how each event affects the elements of financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter dollar amounts. (Note that "Not Affected" means that the event does not affect that element of the financial statements or the event causes an increase in that element that is offset by a decrease in the same element.)Increase = IDecrease = DNot Affected = NAOn January 1, Year 1, Jenkins Company purchased equipment for $25,000. The equipment had an estimated useful life of four years and an estimated salvage value of $5,000. Jenkins uses the straight-line method. At the beginning of Year 3, the equipment was sold for $8,000. Show how the sale affected the financial statements for Year 3, assuming Jenkins uses

straight-line depreciation.AssetsLiabilitiesStk. EquityRevenuesExpensesNet IncomeStmt of Cash Flows??????? What will be an ideal response?

Business