The Following Information Is Available for the Hodge Podge Company $$\begin{array} { l l } \text { Sales } & \$ 250,000 \\\text { Invested capital } & 156,250 \\\text { ROI } & 10 \%\end{array}$$

question 46

Multiple Choice

The following information is available for the Hodge Podge Company: $$\begin{array} { l l } \text { Sales } & \$ 250,000 \\\text { Invested capital } & 156,250 \\\text { ROI } & 10 \%\end{array}$$ The return on sales is:

• A) 6.25%
• B) 62.50%
• C) 10.00%
• D) None of these answers is correct.

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Definitions:

Multilateral Investment Guarantee Agency

An international financial institution that offers political risk insurance and credit enhancement to investors and lenders to encourage investment in developing countries.

World Bank

A global financial organization that offers loans and grants to less wealthy nations to help them undertake capital projects.

Developing Nations

Countries with a lower standard of living, underdeveloped industrial base, and low Human Development Index relative to other countries.

Foreign Corrupt Practices Act

A U.S. law that prohibits American companies and their subsidiaries from bribing foreign officials to retain or obtain business.