MVB Inc.obtains a return of 9.8% from assets worth $248.5 million. Calculate its net profit

A) $105.9 million
B) $36.8 million
C) $24.3 million
D) $76.2 million
E) $60.4 million


C

Business

You might also like to view...

If a U.S. Company's credit sale to an international customer allows payment to be made in a foreign currency, the same exchange rate must be used for the date of sale and the cash payment date.

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

Business

The accounting and tax departments are the responsibility of the _____.

A. treasurer B. inventory manager C. director of capital budgeting D. vice president of finance E. controller

Business

The Landrum-Griffin Act would protect against:

A) a union officer keeping a member from giving his opinion at a union meeting. B) an employer forbidding union workers from meeting. C) an NLRB representative influencing elections. D) an employer requiring all its employees to be union members.

Business

The data transmitted by a synchronous TDM system are organized into ________, each of which contains a cycle of time slots

Fill in the blanks with correct word

Business