Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. florida inc. has revenues of $750,000 resulting in

Florida Inc. has revenues of $750,000 resulting in an operating income of $67,500. Average invested...

80.2K

Verified Solution

Question

Accounting

Florida Inc. has revenues of $750,000 resulting in an operating income of $67,500. Average invested assets total $375,000; the cost of capital is 19%. The profit margin is

a) 9.00%

b) 2.00

c) 18.00%

d) 0.50

Avocado Company has an operating income of $118,360 on revenues of $1,001,000. Average invested assets are $538,000, and Avocado Company has an 8% cost of capital.

What is the return on investment?

a) 8%

b) 22%

c) 12%

d) 14%

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

20 30 40 76 70 61 50 data 60 70 Based on the box plot...

Statistics
Q

The trait for medium-sized leaves in iris is determined by the genetic condition PP'. Plants with...

Biology
Q

5 4 3 2 4 W 5 4 3 2 14 2 3 Y 4...

Geometry
Q

Using your knowledge of inverses complete table for the inverse of the function f x...

Basic Math
Q

Suppose that 55% of registered voters in North Carolina are registered Republican, 45% are registered...

Basic Math
Q

The value given below is discrete Use the continuity correction and describe the region of...

Statistics
Q

Find the indicated probability 100 employees of a company are asked how they get to...

Statistics
Q

4x4 4x x 1 3

Algebra
Q

Question 4 Unsaved The sales and use tax is a tax paid to a governing...

Accounting
Q

1. Elija la parte interesada que es MS probable que haga la siguiente pregunta. Debe...

Accounting
Q

Hirshberg Corporation's comparative balance sheet appears below: Comparative Balance Sheet ...

Accounting
Q

you are a new employee of a firm. before you are assigned your first audit,...

Accounting