Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. sullivan enterprises had a sales margin of 7%, sal

Sullivan Enterprises had a sales margin of 7%, sales of $4,200,000, and invested capital of...

60.1K

Verified Solution

Question

Accounting

Sullivan Enterprises had a sales margin of 7%, sales of $4,200,000, and invested capital of $5,200,000. The company's ROI was:

5.65%.

7.90%.

14.29%.

17.69%.

None of these.

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

Public Utility Company Rate (5 CCF) Orlando Utilities Commission $10.48 Memphis Light, Gas and Water $9.18 Central Arkansas Water $11.80 City of Phoenix...

Basic Math
Q

A sample of solid Ca(OH)2 was stirred in water at a certain temperature until the solution...

Chemistry
Q

Immunology Describe the two signals needed to activate B and T cells Describe the structure of a...

Biology
Q

I figured out the weighted average method, but can anyone show me the FIFO and LIFO...

Accounting
Q

concave down and find any r values of inflection points 32 Find the x values...

Calculus
Q

Current Attempt in Progress The following merchandise transactions occurred in December. Both...

Accounting
Q

During the month, ABC Company delivered of the work to earn of the...

Accounting
Q

Choice Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information...

Accounting
Q

COMPUTE FOR THE WESTJET SHARE AND THE NET TAXABLE GAIN FOR THE YEAR

Accounting
Q

Depreciation of factory equipment would be classified as: a. indirect materials b. manufacturing...

Accounting
Q

16 Assume that you favour exit price accounting. Give at least three reasons for your...

Accounting
Q

Laura Hall is 20 years old and plans to make the following investments beginning next...

Finance