Naples, Inc How Much Is ROI for the Year If Management Is

question 6

Multiple Choice

Naples, Inc.recorded operating data for its shoe division for the year. $$\begin{array} { l r } \text { Sales } & \$ 750,000 \\\text { Contribution margin } & 135,000 \\\text { Total fixed costs } & 90,000 \\\text { Average total operating assets } & 300,000\end{array}$$ How much is ROI for the year if management is able to identify a way to improve the contribution margin by $30,000, assuming fixed costs are held constant?

• A)25%
• B)18%
• C)45%
• D)12%

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A chemical compound with the formula H2O, consisting of two hydrogen atoms bonded to an oxygen atom, essential for most forms of life.

Moles

A unit of measurement used in chemistry to express amounts of a chemical substance, defined as the amount containing exactly 6.02214076×10²³ particles.

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Also known as isopropyl alcohol, a colorless, flammable chemical compound with a strong odor, used as a solvent and disinfectant.