Question: Current Attempt In Progress An Investment center generated a contribution margin of $360000, fixed costs of $200000 and sales of $2800000. The center's average

Current Attempt In Progress An Investment center generated a contribution margin of

Current Attempt In Progress An Investment center generated a contribution margin of $360000, fixed costs of $200000 and sales of $2800000. The center's average operating assets were $800000. How much is the return on Investment? 20% O 170% 45%

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 Mathematics Questions!

Current Attempt in Progress An investment center generated a contribution margin of $360000, fixed costs of $200000 and sales of $1000000. The center's average operating assets were $500000. How much...

An investment center generated a contribution margin of $200000, fixed costs of $100000. The center's average operating assets were $500,000.How much is the return on investment ? A.20% B.60% C.40%...

1.Ayayai Corp. issued a five-year interest-bearing note payable for $282000 on January 1, 2019. Each January the company is required to pay $56000 on the note. How will this note be reported on the...

Best Shingle's budgeted manufacturing costs for 50 000 squares of shingles are: Foxed Manufacturing $12,000 Variable manufacturing costs $16.00 per square Best produced 40,000 squares of shingles...

Answer quest 50-54 please A company's planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the company budgeted the following overhead costs: A...

A company's planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the company budgeted the following overhead costs: A flexible budget prepared at...

Edgar, Inc. has a materials quantity standard of 4 pounds per finished unit and a material price standard of $8.50 per pound. 228,000 pounds of materials were purchased and used in producing 56,000...

An investment center generated a contribution margin of $400,000, fixed costs of $200,000 and sales of $2,000,000. The centers average operating assets were $800,000. How much is the return on...

An investment center generated a contribution margin of $400,000, fixed costs of $200,000 and sales of $2,000,000. The center's average operating assets were $800,000. How much is the return on...

Multiple Choice Question 128 An investment center generated a contribution margin of $440000, fixed costs of $200000 and sales of $2200000. The center's average operating assets were $800000. How...

The Federal Crop Insurance Corporation (FCIC) was created as a wholly government-owned corporation to insure wheat producers against unavoidable crop failure. As required by law, the FCIC published...

For this part of the project, you will be looking at the difference that the frequency of withdrawals and compounding makes on payouts from annuities. For all parts of this problem, money is invested...

La tasa de interes simple, es donde los intereses no se cpitalizan, es decir que los intereses de diferentes periodos se determinan en funcion del capital inicial Pregunta 2Respuesta Verdadero Falso

A special order to purchase 20,000 units was recently received. There is enough capacity to fill the order and filling this order would not disrupt current operations. Tilma Company would incur an...

De sign Shear Rein Forcement For a beam Shown below. It's Size is 350 x 6 00. It's effective dep th is 525 mm. It is supported column of size on 450x450. Column is C-25 and steel is Grade 420.It is...

The solution of Propranolol Hydrochloride (Mr = 295.8 g mol^-1) with a concentration of 1.80 g/L was prepared. Predict the theoretical pH of precipitation for this solution. Measurement Record the pH...

Q No 03. a neon sign for a his restaurant from 12 light bulbs. Here is one condition: when a bulb fails, it appears as an infinite resistance and cannot conduct current. You have designed two options...

Create a 200 word summary on the Juvenile Justice System than and today. Describe The Juvenile system and provide a generalizable definition. Highlight the issues in the Juvenile system and why this...

Rank the four career development stages in order of increasing employer responsibility and involvement. Explain your choices. (LO 5)

Deleting a segment The original budget for the K department of Hilton Ltd for the forthcoming year was as follows: As part of Hilton's long-term strategic plan the K department was due to be closed...

Managers and supervisors reportedly do a poor job of communicating and supporting the career development opportunities for their employees. Several reasons are listed in this chapter including some...