Assume the residential division of kipper faucets had the following results last year net sales revenue operating income average total assets management's target rate of return what is the division's roi? $ 18,700,000 7,480,000 5,500,000 18% a. 13696 b. 40% с. 74% d. 340%

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented