Multiple Choice
Salvey Inc. reported the following results from last year's operations: The company's average operating assets were $3,000,000.
At the beginning of this year, the company has a $300,000 investment opportunity that involves sales of $480,000, fixed expenses of $100,800, and a contribution margin ratio of 30% of sales.
If the company pursues the investment opportunity and otherwise performs the same as last year, the combined ROI for the entire company will be closest to:
A) 16.6%
B) 1.3%
C) 18.2%
D) 15.3%
Correct Answer:

Verified
Correct Answer:
Verified
Q66: Incentive compensation for employees, such as bonuses,
Q90: Suppose a company evaluates divisional performance using
Q124: Serie Inc. reported the following results from
Q125: Pinkton Corporation keeps careful track of
Q127: The following data are for the
Q128: Schlarbaum Corporation's management keeps track of the
Q132: Parsa Inc. reported the following results from
Q133: The management of International Cookwares believes
Q151: If improvement in a performance measure on
Q199: All other things the same, an increase