Multiple Choice
Florida Inc.has revenues of $1,500,000 resulting in an operating income of $105,000.Average invested assets total $750,000;the cost of capital is 10%.Return on investment is:
A) 7%
B) 14%
C) $75,000
D) $30,000
Correct Answer:
Verified
Correct Answer:
Verified
Q31: Spring Corp.has two divisions,Daffodil and Tulip.Daffodil produces
Q32: Tiffany Company has two divisions,Gold and Silver.Gold
Q33: Profit margin is defined as the ratio
Q34: Miami Corp.has an operating income of $120,000,average
Q35: Superior Division of the Monroe Company has
Q37: Evergreen Corp.has two divisions,Fern and Bark.Fern produces
Q38: The Walnut Division of Benton Corp.has average
Q39: Coral has a profit margin of 16%
Q40: Residual income is the difference between:<br>A)net operating
Q41: In transfer pricing,the manager of the buying