If Operating Income for a Division Is $6,000, Invested Assets

question 14

True/False

If operating income for a division is $6,000, invested assets are $25,000, and sales are $30,000, the profit margin calculated would be 24%.

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Definitions:

Constructive Play

Play that combines sensorimotor/practice play with symbolic representation of ideas. Constructive play occurs when children engage in self-regulated creation or construction of a product or a solution.

Pretense/Symbolic

Relates to the ability, often developed in early childhood, to use symbols or pretend in play to represent objects or actions not physically present.

Practice Play

Play that involves repetition of behavior when new skills are being learned or when physical or mental mastery and coordination of skills are required for games or sports. Practice play can be engaged in throughout life.

Social Play

Play that involves interactions with peers.