ABC Corporation's North Division Generates Operating Income of $100,000 on $900,000

question 161

Multiple Choice

ABC Corporation's North Division generates operating income of $100,000 on $900,000 in sales.The company had $400,000 in assets at the beginning of the year and $450,000 at the end of the year.What is the company's return on investment for the year?

• A)11.1%
• B)23.5%
• C)42.5%
• D)100%

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Definitions:

Melanocyte-Stimulating Hormone

Melanocyte-Stimulating Hormone is a peptide hormone involved in stimulating melanocytes to produce melanin, affecting skin and hair color.

Skin Color

The pigmentation of someone's skin, largely determined by genetic inheritance and exposure to sunlight.

Steroid Hormones

Lipid-soluble hormones synthesized from cholesterol that regulate many vital processes, including metabolism, immune function, and development and function of the reproductive system.

Four-Carbon Rings

Structures found in certain organic molecules, including some steroids, where a set of carbon atoms are connected in a ring comprising four carbon atoms.