BR Company has a contribution margin of 40%. Sales are $312,500, net operating income is $25,000, and average operating assets are $200,000. What is the company's return on investment (ROI)?
A. 12.5%
B. 62.5%
C. 64.0%
D. 8.0%
Answer: A
You might also like to view...
During the year just ended, the retailer James Corporation purchased $454,000 of inventory. The inventory balance at the beginning of the year was $206,000. If the cost of goods sold for the year was $478,000, then the inventory turnover for the year was:
A. 2.46 B. 2.34 C. 2.63 D. 2.32
Alistair thinks that he is a very successful web developer. He feels good about his contribution to his industry. His girlfriend, Angela, on the other hand, wishes he would switch careers because the pay is lousy. In this scenario, Alistair and Angela are motivated how respectively?
a. Intrinsically and Extrinsically b. Extraneously and Intrinsically c. Extrinsically and Extraneously d. Inherently and Extrinsically
Identify a difference between the characteristics of operations management in the 1960s and in the 2010s.
A. Operations management focused on creating value in the 1960s, whereas it focuses on minimizing costsin the 2010s. B. Operations management favored complex supply chains in the 1960s, whereas it favors simple supply chainsin the 2010s. C. Operations management focused on mass customizationin the 1960s, whereas it focuses on mass productionin the 2010s. D. Operations management exploited the environmentin the 1960s, whereas it focuses on sustaining the environmentin the 2010s.
The cost of options must be accounted for in the company's revenue statements
Indicate whether the statement is true or false