Dantone,Inc Calculate the Return on Investment

question 163

Multiple Choice

Dantone,Inc.provides the following information: $$\begin{array} { | l | l | } \hline \text { Profit margin ratio } & 7 \% \\\hline \text { Asset turnover ratio } & 2 \text { times } \\\hline \text { Net sales } & \$ 500,000 \\\hline \text { Target rate of return } & 3 \% \\\hline\end{array}$$ Calculate the return on investment.

• A) 14%
• B) 56%
• C) 1%
• D) 15%

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Definitions:

Flashing Pattern

A visual signal sequence where light is turned on and off in a particular rhythm or sequence, often used in warning signals or communication devices.

Phi Effect

A visual illusion where stationary objects are perceived to be moving due to rapid sequential light stimulation.

Neural Activity

The electrical and chemical processes in neurons responsible for the transmission of signals within the brain and nervous system.

Conscious Experience

The personal awareness or perception of thoughts, feelings, sensations, or the external environment.