Barrera Corporation Provides the Following Financial Information Calculate the Target Rate of Return

question 68

Multiple Choice

Barrera Corporation provides the following financial information: $$\begin{array} { | l | r | } \hline \text { Minimum acceptable operating income } & \$ 556,600 \\\hline \text { Average total assets } & \$ 2,600,000 \\\hline \text { Operating income } & \$ 708,000 \\\hline \text { Return on investment } & 27,23 \% \\\hline \text { Net sales } & \$ 900,000 \\\hline\end{array}$$ Calculate the target rate of return.(Round your answer to two decimal places.)

• A) 21.41%
• B) 78.67%
• C) 27.23%
• D) 61.84%

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Definitions:

Learning Curve

A graphical representation that shows how learning or experience improves efficiency and reduces the time or cost to perform a task over time.

Learning Curve

A graphical representation showing how an increase in learning translates into improved performance over time.

Learning Curve

A graphical representation that shows how the ability to perform a task, usually measured by time or efficiency, improves over time with practice.

Logarithmic Approach

A mathematical method that uses logarithms to solve problems or model situations, often to simplify multiplicative processes into additive ones.