Bogey Co Recorded Operating Data for Its Cheap Division for the the Year

question 8

Multiple Choice

Bogey Co. recorded operating data for its Cheap division for the year. Bogey requires its return to be 10%. $$\begin{array} { l r } \text { Sales } & \$ 1,400,000 \\\text { Controllable margin } & 160,000 \\\text { Total average assets } & 4,000,000 \\\text { Fixed costs } & 100,000\end{array}$$ What is the ROI for the year?

• A)4%
• B)35%
• C)6%
• D)1.5%

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Definitions:

Cognitive Therapies

A form of psychotherapy that focuses on changing faulty or distorted thinking patterns, beliefs, and attitudes to improve emotional and behavioral problems.

Metacognitive Skill

This refers to the ability to think about one's own thinking processes and strategies, and to adjust them accordingly for more effective problem solving and learning.

Cognitive Ability

refers to the mental capacity to reason, plan, solve problems, think abstractly, comprehend complex ideas, learn quickly, and learn from experience.

NeoPiagetians

Scholars and theorists who extend and modify Jean Piaget's original cognitive development theory to include factors such as information processing and socio-cultural elements.