An investment centre has reported a profit of $$ 28,000$. It has the following assets and liabilities:
Question:
An investment centre has reported a profit of $\$ 28,000$. It has the following assets and liabilities:
The $\mathrm{ROI}$ for the division is $\$$ __________________ $\%$.
Transcribed Image Text:
$ Non-current assets (at NBV) 100,000 Inventory 20,000 Trade receivables 30,000 50,000 Trade payables (8,000) 42,000 142,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Bree Normandin
Success in writing necessitates a commitment to grammatical excellence, a profound knack to pursue information, and a staunch adherence to deadlines, and the requirements of the individual publication. My background comprises writing research projects, research meta-analyses, literature reviews, white paper reports, multimedia projects, reports for peer-reviewed journals, among others. I work efficiently, with ease and deliver high-quality outputs within the stipulated deadline. I am proficient in APA, MLA, and Harvard referencing styles. I have good taste in writing and reading. I understand that this is a long standing and coupled with excellent research skills, analysis, well-articulated expressions, teamwork, availability all summed up by patience and passion. I put primacy on client satisfaction to gain loyalty, and trust for future projects. As a detail-oriented researcher with extensive experience surpassing eight years crafting high-quality custom written essays and numerous academic publications, I am confident that I could considerably exceed your expectations for the role of a freelance academic writer.
5.00+
7+ Reviews
21+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Can a company that invests in projects on which the returns are lower than its cost of capital continue to obtain resources through cash flow? Through capital increases? Through debt?
-
Being able to identify an industry to use for benchmarking yourfirm's results with similar companies is frequently not easy. Choose a type of business and go to www.naics.com. This Web site allows...
-
Following are the data from Exercise 16.51 on bacteria counts, in millions, for different cases from each of five strains of cultured Staphylococcus aureus. a. Use the Kruskal-Wallis test to decide,...
-
Suppose Oppenheimer Bank is offering a 30-year mortgage with an EAR of 6.80%. If you plan to borrow $150,000, what will your monthly payment be?
-
1. Read the text materials on feedforward, concurrent, and feedback control. 2. Read the Control Problem Situation and be prepared to resolve those control problems in a group setting. 3. Your...
-
Bob Farrell, owner of Farrell Motors, is trying to decide whether to buy an insurance policy to cover hail damage on his inventory of more than 200 cars and trucks. Thunderstorms occur frequently,...
-
8. Suppose f(x) = x 2. Use the forward difference method with h = 0.1 to approximate f'(1).
-
Nielsen Ltd has two divisions with the following information: Division A has been offered a project costing $\$ 100,000$ and giving annual returns of $\$ 20,000$. Division $B$ has been offered a...
-
The materials purchasing manager is assessed on: - total material expenditure for the organisation - the cost of introducing safety measures, regarding the standard and the quality of materials, in...
-
Lento Inc. owned machinery with a $30,000 initial cost basis. Accumulated book depreciation with respect to the machinery was $12,000, and accumulated tax depreciation was $19,100. Lento sold the...
-
If water is flowing at a velocity of 3.5 ft/s in a horizontal line at ground level, from a 250 ft elevated tank which holds water 20 ft deep, what is the velocity ?
-
We have a rocket launched vertically from the ground with a constant upward acceleration. Upon reaching a height of h , it experiences engine failure and the only force acting on it is gravity....
-
D A 5.2-L volume of neon gas (Ne) is at a pressure of 3.3 atm and a temperature of 260K The atomic mass of neon is 20.2 g/mol, Avogadro's number is 6.022 x1023 molecules/mol, and the ideal gas...
-
Consider a perfectly competitive market in which the direct market demand curve is Q(P)=160-10P and the direct market supply curve is Q(P)=10P. Suppose the government imposes a specific tax of 1=2...
-
A 200 g copper wire loses 1.6 KJ of thermal energy to its surroundings. What is the change in temperature?
-
At 25C the molar ionic conductivities of F3, er, and Bc are 5.54 mS m2 mol-1, 7.635 mS m2 mol-1, and 7.81 mS m2 mol-1, respectively. What are their mobilities?
-
A regular deposit of $100 is made at the beginning of each year for 20 years. Simple interest is calculated at i% per year for the 20 years. At the end of the 20-year period, the total interest in...
-
1. What is incentive compensation? 2. What is an intrinsic reward?
-
1. What distinguishes data falsification from gaming activities? 2. What is gain sharing?
-
1. What is goal congruence? 2. What is data falsification?
-
UmbrellaCorn, a company located in Tacoma, Washington, started its operations three years ago. The company is known all over the world for its innovative and sustainability efforts. The company uses...
-
Compute the surface integral over the given oriented surface: F= (0,9,2), hemisphere x + y + z = 36, z0, outward-pointing normal Answer:
-
You wish to use the EBITDA multiples method to value a firm. The following are the EBITDA multiples of firms in the same industry as the one you wish to value. What is the EBITDA multiple you will...
Study smarter with the SolutionInn App