Monte, Inc How Much Is ROI for the Year?
A)10%
B)17%
C)20

question 114

Multiple Choice

Monte, Inc.recorded operating data for its Sandtrap division for the year.Monte requires its return to be 9%. $$\begin{array} { l r } \text { Sales } & \$ 1,000,000 \\\text { Controllable margin } & 180,000 \\\text { Total average assets } & 600,000 \\\text { Fixed costs } & 60,000\end{array}$$ How much is ROI for the year?

• A)10%
• B)17%
• C)20%
• D)30%

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Definitions:

Deferred Distribution Plans

Financial arrangements allowing employees to defer receipt of wages or benefits until a future date, often for tax advantages or retirement planning.

Gain-Sharing Plans

Performance-based compensation schemes designed to reward employees for contributing to a company's success through increased productivity, which leads to cost savings that are shared with the employees.

Long-Term Profitability

indicates a company's ability to generate consistent profit over an extended period, reflecting its financial health and sustainability.

Gain-Sharing Plans

Incentive strategies that reward employees for contributing to their company's productivity and success through cost-saving measures.