The condensed income statement for the consumer products division of fargo industries inc. is as follows (assuming no service department charges): sales $82,500,000 cost of goods sold 53,625,000 gross profit $ 28,875,000 administrative expenses 15,675,000 income from operations $ 13,200,000 the manager of the consumer products division is considering ways to increase the return on investment a. using the dupont formula for return on investment, determine the profit margin, investment turnover, and return on investment of the consumer products division, assuming that $55,000,000 of assets have been invested in the consumer products division. if required, round the investment turnover to one decimal place. profit margin % investment turnover rate of return on investment

Which of the following goals is most effective? i will purchase a house by age twenty-five. i will purchase a three-bedroom house located near cherry park by my twenty-fifth birthday. in order to reach this goal, i will graduate from college and secure a job as a software developer.

Which of the following is a disadvantage to choosing a sole proprietorship business structure? question 9 options: the owner has personal responsibility for the company's liabilities. the owner has to share the profits with partners. the owner is still liable for personal debts. the owner has to report to shareholders.

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u.s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.