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

Other questions asked by students

Biology
1.2K views

Primary succession can occur on all of the following except a/anopen waterbare surfacerockfire ravaged soil

Civil Engineering
1.2K views

write a research about maintenance and technical issues in running a wastewater treatment plant .

Geometry
1.2K views

After growing tired of squinting while driving Felix went shopping for a pair of sunglasses...

Statistics
1.2K views

Brain Mass g 700 600 500 400 O 300 200 100 0 50 100 150...

Statistics
1.2K views

In a survey of 329 people who attended a local professional soccer team s most...

Algebra
1.2K views

6 Graph the following using a graphing calculator Identify all of the roots of the...

Algebra
1.2K views

The terminal point of the vector is Question Help Message instructor Submit Question Jump to...

Accounting
1.2K views

The budget director of Heathers Florist has prepared the following sales budget. The...

Accounting
1.2K views

Boxer Company has 2,900,000 shares of common stock outstanding on December 31, 2020....

Accounting
1.2K views

The bookkeeper for Solomon's Country Music Bar left this incomplete balance sheet. Solomon's working capital...

Accounting
1.2K views

The Dorilane Company produces a set of wood patio furniture consisting of a table and...

Accounting
1.2K views

Accounting Excel Assignment Instructions are the first 2 pictures, assignment is the last 2 pictures...