Hardcastle Ltd. had sales of $3,600,000 and net operating income of $900,000. Operating assets during the year averaged $1,500,000. The manager of Hardcastle is considering the purchase of a new machine which is expected to increase average operating assets by 20%. If the new machine is purchased, the company's new return on investment (ROI) would be:
A) 190.5%
B) 60.0%
C) 200.0%
D) 50.0%
D
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Which of the following statements is true regarding the maturity stage of the product life cycle?
A) During this stage, the market grows rapidly. B) Usually, competition is most intense in this phase. C) Many new competitors enter the market. D) This stage comes after the introduction stage.
The engineering method of separating costs
a. is generally used to estimate the cost of activities and new products. b. is sometimes called a time and motion study. c. is expensive to use because it is so detailed. d. All of the above are correct.
Franchises are privileges granted by a business to sell goods and services under specified conditions
Indicate whether the statement is true or false
Which of the following statements regarding Benefit Corporations is true?
a. Benefit corporations are required to identify one or more specific benefit purposes. b. Directors of benefit corporations are protected from all lawsuits from both shareholders and beneficiaries of the corporation's public benefit purpose. c. Benefit corporations are incorporated under state law with the intent to be profitable. d. All of these statements regarding benefit corporations are true.