Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. br company has a contribution margin of 8%. sales

BR Company has a contribution margin of 8%. Sales are $517,000, net operating income is...

70.2K

Verified Solution

Question

Accounting

BR Company has a contribution margin of 8%. Sales are $517,000, net operating income is $41,360, and average operating assets are $136,000. What is the company's return on investment (ROI)?

Multiple Choice

  • 30.4%

  • 0.3%

  • 3.8%

  • 8.0%

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1.To a FBO manager that is involved in the sale and trade of aircraft it would...

General Management
Q

In your letter you need to explain how the theor of evolution is supported by...

Biology
Q

Find the area of the figure 8 m 5m 8m 6 m 5m

Geometry
Q

ystem by the addition method y 6 6 y Ques correct choice below and if...

Calculus
Q

Cost analysis A company with two different plants manufactures guitars and banjos Its production costs...

Calculus
Q

Give the equations of any vertical horizontal or oblique asymptotes for the graph of the...

Algebra
Q

Suppose at November 31 of a recent year, the following information (in thousands) was available...

Accounting
Q

On its December 31 prior year balance sheet, Calgary Industries reports equipment of $540.000 and...

Accounting
Q

TXX5766 USAco, a domestic corporation, is a wholly-owned subsidiary of FORco, a foreign corporation. USAco...

Accounting
Q

1. Laura transfers $525,000 into trust with the income to be paid annually to her...

Accounting
Q

Blossom Inc. issues $2,011,300 of 10% bonds due in 12 years with interest payable at...

Accounting
Q

Scenario 1: Module 1 The Backstory: LusterLast LusterLast is a manufacturer and distributor of hair...

Finance