Babak Industries is a division of a major corporation. Last year the division had total sales of $19,560,000, net operating income of $1,877,760, and average operating assets of $6,000,000.The division's return on investment (ROI) is closest to:
A. 23.8%
B. 3.0%
C. 31.3%
D. 7.3%
Answer: C
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There will always be a need for channel intermediaries that physically handle the product
Indicate whether the statement is true or false
A(n) ______ approach to pay determination involves finding out what other organizations pay for the same or similar jobs through available pay surveys, and it sets pay levels based on market pricing.
A. lateral B. internal C. external D. vertical
Each partner has a separate capital and withdrawal account
Indicate whether the statement is true or false