Avey Corporation had $275,000 in invested assets, sales of $330,000, income from operations amounting to $49,500 and a desired minimum rate of return of 7.5%. The rate of return on investment for Avey Corporation is:

A) 8%
B) 10%
C) 18%
D) 7.5%


C

Business

You might also like to view...

Which of the following is true about global products?

A) They always carry the same name and image from country to country. B) They are offered in every world region at every stage of development. C) They are a symbol about which customers have beliefs and perceptions. D) They are exclusively used as an umbrella for introducing new products in the market.

Business

Which of the following statements is true about an ethically moral leader?

a. She should enforce ethical standards even if it causes her to become unpopular. b. She should not enforce ethical standards if it causes her to become unpopular because then her leaders will stop following her. c. An ethically moral leader should be very willing to make exceptions when enforcing ethical standards. d. She should overemphasize the enforcement of ethical standards so that followers are sure to get the point.

Business

What percentage of known offenders involved in hate crimes are White?

a. 62 percent. c. 93 percent b. 45 percent. b. 45 percent

Business

Price discrimination is prohibited by the ____ Act.

A. Sherman Antitrust B. Wheeler-Lea C. Robinson-Patman D. Celler-Kefauver E. Consumer Goods Pricing

Business