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Holo Company reported the following financial numbers for one of its divisions for the yea average total assets of 6150000 sales of 6425000 cost of goods sold of 3575000 and operating

Holo Company reported the following financial numbers for one of its divisions for the yea average total assets of 6150000 sales of 6425000 cost of goods sold of 3575000 and operating

Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $6,150,000; sales of $6,425,000; cost of goods sold of $3,575,000; and operating expenses of $1,287,000. Compute the division's return on investment:

24.3%.

20.0%

25.4%.

18.5%.

22.8%.

27.

Walters manufactures a specialty food product that can currently be sold for $23.00 per unit and has 21,000 units on hand. Alternatively, it can be further processed at a cost of $13,000 and converted into 13,000 units of Deluxe and 7,000 units of Super. The selling price of Deluxe and Super are $31.00 and $21.00, respectively. The incremental net income of processing further would be:

$67,000.

$54,000.

$19,000.

$45,000.

$13,000.

mahesh 17-Mar-2020

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