Solved

Zygot IncHad $650,000 Invested in Assets, Sales of $1,250,000, Operating Income

Question 119

Multiple Choice

Zygot Inc.had $650,000 invested in assets, sales of $1,250,000, operating income amounting to $140,000, and a minimum acceptable rate of return of 12% on its invested assets.The rate of return on investment for Zygot is:


A) 16.2%.
B) 21.5%.
C) 14.5%.
D) 25.0%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: The manager of a profit center does

Q48: Which of the following expenses incurred by

Q115: Operating expenses directly traceable to or incurred

Q116: Division B's profit margin is 16%, and

Q117: Budget performance reports prepared for the vice-president

Q121: If the profit margin for a division

Q122: If operating income for a division is

Q123: The following financial information was summarized

Q124: Abe Inc's Division A has a rate

Q167: A centralized business organization is one in