Carter Company Reported the Following Financial Numbers for One of Its

question 80

Multiple Choice

Carter Company reported the following financial numbers for one of its divisions for the year;average total assets of $4,100,000;sales of $4,525,000;cost of goods sold of $2,550,000;and operating expenses of $1,372,000.Compute the division's return on investment:

• A)30.3%.
• B)23.6%.
• C)13.3%.
• D)10.4%.
• E)14.7%.

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Definitions:

2-Pentyne

An organic compound belonging to the alkyne family, characterized by a triple bond between two carbon atoms.

Carbon Atoms

The basic building blocks of organic molecules, characterized by having four bonds, either to other carbon atoms or different elements.

Alkene

Hydrocarbons that contain at least one carbon-to-carbon double bond, characterized by the formula CnH2n.

Alkyne

A hydrocarbon with at least one carbon-carbon triple bond, characterized by the general formula CnH2n-2.