Question: Bramble Corp. had average operating assets o f $ 5 2 0 0 0 0 0 and sales o f $ 2 2 0 0

Bramble Corp. had average operating assets of $5200000 and sales of $2200000in2022.If the
controllable margin was $728000, the ROI was
33%
42%
66%
14%
Bramble Corp. had average operating assets o f $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Mcinerney Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The company bases its budgets on two measures of activity (i.e., cost drivers), namely guests and jeeps. One vehicle...

Q:

its all one question, its just a long question. I really really need help with it; please & thank you!! 4. The financial statements of Smith News, Inc., include the following items (Click the icon to...

Q:

6 Financial data for Joel de Paris, Inc., for last year follow: Assets Cash Accounts receivable Joel de Paris, Inc. Balance Sheet Beginning Balance Inventory Plant and equipment, net Investment in...

Q:

A cost is considered controllable at a given level of managerial responsibility if O the manager has the power to manage the cost within a given time period. O it changes in magnitude in a flexible...

Q:

Sunrise Hotels (F) Mid-January, 2019. To nish your presentation for next week's meeting, evaluate your performance. To do this, you obtained the following supplemental data from the company...

Q:

Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash $ 135,000 129,000 334,000 566,000 815,000 402,000 251,000...

Q:

Financial data for Joel de Paris, Inc., for last year follow Joel de Paris, Inc Balance Sheet Beginning Balance Ending Balance Assets Cash Accounts receivable Inventory Plant and equipment, net...

Q:

Wilderness Products, Inc., has designed a self-inflating sleeping pad for use by backpackers and campers. The following information is available about the new product: a. An investment of $1,200,000...

Q:

pla answer the following questions Return to 8 The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020 15 points (5 in thousands) 2021 2eze $ 6,700 288 $ 5,700 154...

Q:

Complete Accounting Problems 1. Wesley Hospital installs a new parking lot. The paving cost $30,000 and the lights to illuminate the new parking area cost $15,000. Which of the following statements...

Q:

One day a group of three boys entered a store. The store owners name was Sam and the boys names were Sim, Nick, and Mic. The boys were behaving in a very odd manner in the store: displacing the...

Q:

Explain what is meant by crowdsourcing and how the Web is enabling this form of collaboration.

Q:

TheChineseUniversityofHongKong CUHK Business School FINA3020International Finance Assignment3 Question 1 The base price level is 100 in 1987.In 1988, the price level at Germany and United States...

Q:

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...