The Pacific division has the following income statement for the last quarter:The company's average operating assets for the period were $270,000. The company requires a minimum rate of return of 13%. The division's turnover was
a.3.25
b.2.65
c.2.07
d.2.62
e.3.62
correct: c.2.07
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The Sneed Corporation issues 10,000 shares of $50 par preferred stock for cash at $75 per share. The entry to record the transaction will consist of a debit to Cash for $750,000 and a credit or credits to
a. Preferred Stock for $750,000 b. Preferred Stock for $500,000 and PaidÂIn Capital in Excess of Par—Preferred Stock for $250,000 c. Preferred Stock for $500,000 and Retained Earnings for $250,000 d. Paid-In Capital from Preferred Stock for $750,000
Framing occurs when customers are given a perspective or point of view that allows the firm to "put its best foot forward."
Indicate whether the statement is true or false
What kind of future can we expect of Wal-Mart's private label commodities?
What will be an ideal response?
Ed Rodney works for the state of Minnesota as a advocate of state growth and development. He devises ways to encourage businesses to relocate to the state. In other words, Rodney is involved in business marketing. He is compiling a list of potential businesses that might be willing to move their operations to Minnesota. Which of the following possible clients should he include in his list?
A. any family that takes an annual vacation B. newlyweds C. families that enjoy hiking D. companies that have growing sales E. students on spring break