Reference: 12-05
the Holmes Division Recorded Operating Data as Follows

question 36

Multiple Choice

Reference: 12-05
The Holmes Division recorded operating data as follows for the past year: $$\begin{array} { | l | r | } \hline \text { Sales } & \$ 200,000 \\\hline \text { Net operating income } & 25,000 \\\hline \text { Average operating assets } & 100,000 \\\hline \text { Stockholders' equity } & 80,000 \\\hline \text { Residual income } & 13,000 \\\hline\end{array}$$
-For the past year, the margin was?

• A)14.75%.
• B)13.00%.
• C)12.50%.
• D)15.00%.

Understand how to create effective and clear graphics without adding unnecessary elements that may confuse the reader.

Recognize the appropriate graphic type to represent specific types of data or information.

Appreciate the significance of cultural sensitivity when creating and using graphics in order to communicate effectively with multicultural audiences.

Identify methods for organizing and presenting data within tables to enhance readability and prevent misinterpretation.

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Definitions:

Complements

Goods or services that are used together, where the consumption of one typically enhances the value or desire for the other.

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Laptop Memory Chips

Integrated circuits used in laptops to store data temporarily, enhancing the device’s processing speed and multitasking capabilities.

Demand Curve

A visual chart that illustrates how the demand for a product varies with its price changes, displaying the correlation between the cost of an item and the amount consumers are willing to buy at different prices.