Multiple Choice
Tropic Corp.has sales revenue of $500,000 resulting in operating income of $54,000.Average invested assets total $600,000,and the cost of capital is 6%.Calculate the return on investment if sales increase by 10% and the profit margin and invested assets remain the same.
A) 9.0%
B) 9.9%
C) 10.8%
D) 6.0%
Correct Answer:
Verified
Correct Answer:
Verified
Q116: Avocado Company has an operating income of
Q117: Estate has an ROI of 16% based
Q118: Sandy Company has two divisions,Huron and Cortez.Huron
Q119: Florida Inc.has revenues of $1,500,000 resulting in
Q120: Which of the following statements contrasting residual
Q121: Indigo Corp.has an ROI of 15% and
Q122: Pine Corp.has revenues of $500,000 resulting in
Q123: The responsibility center in which the manager
Q125: The balanced scorecard includes both leading and
Q126: Sugar Company has two divisions,Lenox and Berkshire.Lenox