Cabell Products is a division of a major corporation. Last year the division had total sales of $25,320,000, net operating income of $1,924,320, and average operating assets of $6,000,000. The company's minimum required rate of return is 10%.The division's turnover is closest to:
A. 3.20
B. 13.16
C. 4.22
D. 0.32
Answer: C
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Fred's company has recently sold its resin-producing plant to a business in India. As part of the sales price, his company agrees to accept as partial payment the production of the resin at an agreed upon price for six years
This is an example of what type of countertrade?
How is the accounting equation affected when a partner withdraws cash?
A) Both equity and assets decrease; liabilities are not affected. B) Assets increase and equity decreases; liabilities are not affected. C) Both assets and liabilities decrease; equity is not affected. D) Liabilities decrease and assets increase; equity is not affected.
Although Ella works as a waitress in a supper club, she wants to eventually open her own restaurant that combines traditional supper club dishes with more innovative cuisine. According to job characteristics theory, Ella has a high degree of
A. status. B. agreeableness. C. altruism. D. the need for power. E. growth need strength.
What key element of developing a successful corporate social responsibility (CSR) program is exhibited when a company meets with the community to understand the impact that water usage by its manufacturing plant will have on the surrounding areas?
A. good corporate leadership B. good stakeholder management C. integration of CSR into corporate policy in all divisions of the firm D. integration of CSR into corporate policy at all levels of the firm E. sustainable production practices