Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the company paid dividends of $235,300 last year.

The company paid dividends of $235,300 last year. The "Investment in Buisson, S.A.," on the...

80.2K

Verified Solution

Question

Accounting

The company paid dividends of $235,300 last year. The "Investment in Buisson, S.A.," on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return of 15%.
Required:
Compute the company's average operating assets for last year.
Compute the company's margin, turnover, and return on investment (ROI) for last year. (Do not round intermediate calculations and round your final answers to 2 decimal places.)
image

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

Basic Math
1.2K views

A pair of parametric equations is given x cos 2t y sin 2t a Sketch...

Biology
1.2K views

What can we learn from the story of Titus about each of the following: (a) the...

Accounting
1.2K views

John Johnson has been working on Swifty Paints' cash budget for the coming year. Based on...

Physics
1.2K views

A particle of charge q and mass m is suspended from a point on the...

Physics
1.2K views

What is the average kinetic energy in joules of hydrogen atoms on the 5500 C...

Physics
1.2K views

Two cylinders of the same size and mass roll down an incline Cylinder A has...

Physics
1.2K views

long straight solid metal wife of radius 2 mm carries a current uniformly distributed over...

Geometry
1.2K views

Myra is packing a lunch box to take to school Myra can make 6 kinds...

Basic Math
1.2K views

C implete this quiz to finish the assignment for ALG 2 Period 4 due on...

Calculus
1.2K views

Slides die st a c SPEEL 1 Evaluate 2 x dx x 2 8 8...

Accounting
1.2K views

A partial statement of financial position of Crane Ltd. on December 31, 2016, showed the...

Accounting
1.2K views

(TCO 1) Teri transferred land worth $200,000 (basis of $40,000) to Angle Corporation, an existing...