The Electronics Division of Anton Company reports the following results for the current year: Revenues$800,000 Operating expenses$656,000 Operating income$144,000 Operating assets$1,200,000 Anton Company has set a target return on investment (ROI) of 11% for the Electronics Division.The Electronic Division's margin is:
A. 18%.
B. 11.25%.
C. 12%.
D. 66.7%.
Answer: A
Business
You might also like to view...
Which of the following is not considered, legally, to be an employment test?
A. Personality tests B. Interviews C. Job analyses D. Application forms E. Educational requirements
Business
What does the agent's duty of loyalty mean?
What will be an ideal response?
Business
Pick a business and create the key indicators that you will use to analyze the new market.
What will be an ideal response?
Business
When a corporation sells 9,000 shares of $12 par value common stock for $159,000, Common Stock is credited for $108,000
Indicate whether the statement is true or false
Business