Ronaldi Corporation's Port Division Has a Segment Margin of $400,000

question 156

Multiple Choice

Ronaldi Corporation's Port division has a segment margin of $400,000 and net sales revenue of $4,400,000 for the current reporting period.The division has an asset turnover of 1.5.What is the division's ROI?

• A)11%
• B)13.2%
• C)13.6%
• D)The answer cannot be determined from the information given.

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Definitions:

Poisson Distribution

A probability distribution used to model the number of times an event occurs in a fixed interval of time or space, assuming events occur with a known constant mean rate and independently of the time since the last event.

Post Office

A public facility or institution responsible for handling mail services, including the collection, sorting, and delivery of letters and packages.

Probability

The likelihood or chance of an event occurring.

Poisson Distribution

A probability distribution that models the number of events occurring in a fixed interval of time or space, given the events occur with a known constant rate and independently of the time since the last event.