CinRich Corporation Recorded Operating Data for Its Waterhole Division for the Year.CinRich

question 104

Multiple Choice

CinRich Corporation recorded operating data for its Waterhole division for the year.CinRich requires its return to be 9%. $$\begin{array} { l r } \text { Sales } & \$ 500,000 \\\text { Controllable margin } & 90,000 \\\text { Total average assets } & 300,000 \\\text { Fixed costs } & 30,000 \\\text { Residual income } & 50,000\end{array}$$ How much is ROI for the year?

• A)10%
• B)16.7%
• C)20%
• D)30%

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Definitions:

Distributed Practice

A learning strategy where study or practice is broken up into a number of short sessions over a longer period of time.

Source Amnesia

A memory disorder where an individual can remember information but is unable to recall where, when, or how they learned it.

Varied Conditions

Different settings or environments in which experimental or observational studies are conducted to ensure the generality of the findings.

Distributed Practice

A learning strategy that involves spreading out study sessions over time rather than massing them together.