Reference: 12-07
the Following Selected Data Pertain to the Belt

question 33

Multiple Choice

Reference: 12-07
The following selected data pertain to the belt division of Allen Corp. for last year: $$\begin{array} { | l | l | } \hline \text { Sales } & \$ 500,000 \\\hline \text { Average operating assets } & \$ 200,000 \\\hline \text { Net operating income } & \$ 80,000 \\\hline \text { Turnover } & 2.5 \\\hline \text { Minimum required return } & 20 \% \\\hline\end{array}$$
-How much is the return on investment?

• A)15%.
• B)16%.
• C)40%.
• D)20%.

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Definitions:

Social Stratification

A system by which society ranks categories of people in a hierarchy based on factors like wealth, income, race, education, and power, affecting their access to resources and opportunities.

Swept Away

Completely removed, eliminated, or overtaken by a powerful force.

Access to Resources

The ability or permission to approach, use, or benefit from assets or services that are necessary for well-being or economic production.

American Society

Describes the social structure, cultural norms, and societal behaviors prevalent within the United States.