Table 28-3 2009 Labor Data for Baltivia

question 481

Multiple Choice

Table 28-3
2009 Labor Data for Baltivia
-Refer to Table 28-3. How many people were employed in Baltivia in 2009?

• A)9,600
• B)10,600
• C)11,000
• D)11,200

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Definitions:

Return On Investment

A measurement of the profitability of an investment, calculated by dividing net profit by the initial capital cost.

Average Operating Assets

The average value of those assets used for the normal operation of a company over a specific period, often used in return on investment calculations.

Net Operating Income

The total profit of a company after operating expenses are subtracted from gross income.

Residual Income

The income that remains after subtracting all required costs of capital from operating income.