BR Company Has a Contribution Margin of 40

question 239

Multiple Choice

BR Company has a contribution margin of 40%. Sales are $312,500, net operating income is $25,000, and average operating assets are $200,000. What is the company's return on investment (ROI) ?

• A) 12.5%
• B) 62.5%
• C) 8.0%
• D) 64.0%

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Definitions:

Alternative

This often refers to a choice or option among a set of possibilities, commonly used in various contexts to denote an option different than the mainstream or current choice.

α

A symbol often used to represent the significance level in hypothesis testing, indicating the probability of rejecting a true null hypothesis.

T

Often refers to the T-statistic in statistical tests, used to determine if there is a significant difference between two groups.

Confidence Interval

A range of values, derived from the sample data, that is believed to cover the true population parameter with a specified level of confidence.