If an Investment Center Has a $90000 Controllable Margin and $1200000

question 53

Multiple Choice

If an investment center has a $90000 controllable margin and $1200000 of sales what average operating assets are needed to have a return on investment of 10%?

• A) $120000
• B) $210000
• C) $900000
• D) $1200000

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Definitions:

Government Purchases

Expenditures by government entities on goods and services that are part of a country's gross domestic product.

Federal Income Tax

The tax levied by the US government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Middle Class

A social group between the upper and working classes, including professional and business workers and their families, characterized by moderate to high income levels and higher education.

Proportion

This refers to a part, share, or number considered in comparative relation to a whole.