subject
Business, 02.08.2019 23:30 NathanaelLopez

The consumer products division of mickolick corporation had average operating assets of $510,000 and net operating income of $42,000 in august. the minimum required rate of return for performance evaluation purposes is 8%. what was the consumer products division's minimum required return in august? $3,360 $42,000 $44,160 $40,800

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 18:20
Which of the following accurately describes a situation in which consumers have elastic demand? a. a restaurant starts using margarine instead of butter because butter becomes more expensive. b. consumers boycott a restaurant because the waiters aren't paid minimum wage. c. a company starts using sugar instead of corn syrup because its revenues are up. d. people give up eating pasta and bread because they want to lose weight. 2b2t
Answers: 1
question
Business, 21.06.2019 20:30
Licensing is perhaps the easiest method of entering into international trade. another method of entering international trade, which can be relatively low risk, is which opens several levels of involvement to company
Answers: 2
question
Business, 22.06.2019 07:30
Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $
Answers: 3
question
Business, 22.06.2019 08:10
Bakery has bought 250 pounds of muffin dough. they want to make waffles or muffins in half-dozen packs out of it. half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. it take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. how many of each should they make to maximize profit, if they have just 20 hours to do everything?
Answers: 3
You know the right answer?
The consumer products division of mickolick corporation had average operating assets of $510,000 and...
Questions
question
Mathematics, 10.01.2022 01:00
question
Mathematics, 10.01.2022 01:00
question
Mathematics, 10.01.2022 01:00
question
World Languages, 10.01.2022 01:00
question
Physics, 10.01.2022 01:00
Questions on the website: 13722367