BR Company has a contribution margin of 18%. Sales are $447,000, net operating income is $80,460, and

Fantastic news! We've Found the answer you've been seeking!

Question:

BR Company has a contribution margin of 18%. Sales are $447,000, net operating income is $80,460, and average operating assets are $133,000. What is the company's return on investment (ROI)?

Related Book For answer-question

Horngrens Cost Accounting A Managerial Emphasis

ISBN: 978-0134475585

16th edition

Authors: Srikant M. Datar, Madhav V. Rajan

See More Books

Posted Date: Jan 31, 2019 10:37 AM

See More Questions

A product has a contribution margin of $2.50 per unit and a selling price of $25 per unit. Fixed costs are $20,000. Assuming new technology increases the unit contribution margin by 50 percent but...
A diner has a contribution margin ratio of 17%. If fixed costs are S176,800, how many dollars of revenue must the diner generate in order to reach the break-even point? A) $282,880 B) $1,040,000 C)...
Tabulate the function f(x) = sin x for x = 0.0(0.2)1.6. From this table estimate, by linear interpolation, the value of sin 1.23. Construct a table equivalent to Figure 2.102, and so estimate the...
In Problem 39, the pipe is suspended from a spring scale. The weight of the pipe is 12.0 N; the weight of the marble and magnet are each 0.3 N. Sketch graphs to show the reading of the spring scale...
All the waves shown have the same speed in the same medium. Use a ruler and rank these waves from most to least for a. Amplitude. b. Wavelength. c. Frequency. d. Period. A B C D
How is the market-compensating wage differential between safe jobs and risky jobs determined? Which type of job will offer a higher wage?
Due to recent beef recalls, Southwest Steakhouse is considering incorporating. Bob, the owner, wants to protect his personal assets in the event the restaurant is sued. Requirements 1. Which...
Door Dash Economic Growth and Stability Identify the general economic conditions of the country, region, state, or local area where the firm's target customers are located. How are these economic...
The following table summarizes the operating results for Bene Petits first year of operations: Bene Petit First year operating data: Single (1 serving) Dual (2 servings) Family (4 servings) Total...
For each case, state whether or not the action or situation violates the rules of professionalconduct (ethics, independence, or other), explain why (type of general prohibition, independencethreat or...
In Problems 13-24, suppose a die is rolled twice and let \[\begin{array}{ll}A=\{\text { first toss is a prime }\} & B=\{\text { first toss is a } 3\} \\C=\{\text { second toss is a } 2\} & D=\{\text...
What are the odds in favor of drawing an ace from an ordinary deck of cards?
The Swiss mathematician Daniel Bernoulli (1700-1782) was part of the famous Bernoulli family . In 1738 he published the book St. Petersburg Academy Proceedings in which the problem known as the St....
A jar contains four red and six white balls. Three balls are drawn at random. In how many ways can at least one red ball be drawn?
"Last week I won a free Big Mac at McDonald's. I sure was lucky!" exclaimed Charlie. "Do you go there often?" asked Pat. "Only twenty or thirty times a month. And the odds of winning a Big Mac were...
Hamilton Company applies manufacturing overhead costs to products based on direct labor hours. The company estimates manufacturing overhead cost for the year to be $274,000 and direct labor hours to...
Vectors are drawn from the center of a regular n-sided polygon in the plane to the vertices of the polygon. Show that the sum of the vectors is zero.
Write a method to do matrix multiplication. Write out some of the computations using array indices on paper first to see how you should start programming. On the next slide you will find an example...
Wechsler Company produces three products: A130, B324, and C587. All three products use the same direct material, Brac. Unit data for the three products are: The demand for the products far exceeds...
Hazlett, Inc., operates at capacity and makes plastic combs and hairbrushes. Although the combs and brushes are a matching set, they are sold individually and so the sales mix is not 1:1. Hazlett's...
Differences in operating income between variable costing and absorption costing are due solely to accounting for fixed costs. Do you agree? Explain.
Two Carnot engines work in series between the source and sink temperatures of $500 \mathrm{~K}$ and $300 \mathrm{~K}$. If both engines develop equal power determine the intermediate temperature.
A reversible heat engine operates between two reservoirs at temperatures, $700^{\circ} \mathrm{C}$ and $50^{\circ} \mathrm{C}$. The engine drives a reversible refrigerator which operates between...
A reversible heat engine working between two thermal reservoirs at $875 \mathrm{~K}$ and $315 \mathrm{~K}$ drives a reversible refrigerator which operates between the same $315 \mathrm{~K}$...

BR Company has a contribution margin of 18%. Sales are $447,000, net operating income is $80,460, and

Question:

Expert Answer:

Return on investment net o... View the full answer

Horngrens Cost Accounting A Managerial Emphasis

Students also viewed these accounting questions