Mason Corporation had $650,000 in invested assets, sales of $700,000, income from operations amounting to $99,000, and a desired minimum rate of return of 15%. The profit margin for Mason is:
A) 7.1%
B) 20%
C) 15.2%
D) 14.1%
D
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The straight-line interest method of amortizing a bond premium or discount provides for amortizing an equal amount each time period
Indicate whether the statement is true or false
An increasing number of companies are considering their relationships with customers as financial assets. Such firms measure success by calculating the value of their ________
A) CRM B) VALS™ C) brand personality D) customer equity E) positioning
If fixed costs are $49,600, the unit selling price is $52, and the variable costs are $24, what is the break-even sales (dollars)?
A) $52,800 B) $92,114 C) $132,000 D) $124,000
The probability distribution for the number of goals the Lions soccer team makes per game is given below. ? ? Number of Goals Probability ? 0 0.05 ? 1 0.15 ? 2 0.30 ? 3 0.25 ? 4 0.15 ? The expected number of goals per game is
A. 2. B. 2.33. C. 2.5. D. 1.1.