Atlanta corporatuon had sales of $444,800 and average operating assets of $278000 for the past...

50.1K

Verified Solution

Question

Accounting

Atlanta corporatuon had sales of $444,800 and average operating assets of $278000 for the past period.
Q: What is the margin that Atlanta Corporation needed to earn in order to achieve an ROI of 22.4%?
A. 22.4%
B. 14.00 %
C. 1.60%
D. 4.46%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students