Noble Corporation Had Sales of $3,000,000 and Operating Income of $500,000.Noble

question 166

Multiple Choice

Noble Corporation had sales of $3,000,000 and operating income of $500,000.Noble also had $900,000 of assets on January 1 and $800,000 on December 31.What is the corporation's ROI for the year?

• A)26.7%
• B)35.3%
• C)58.8%
• D)59.9%

---

Definitions:

Sculptural Style

The distinct manner or technique in which sculptures are fashioned, often indicative of a specific period, culture, or artist.

Readymades

Artistic works created by selecting and designating ordinary, manufactured objects as art, a concept most associated with Marcel Duchamp.

Dada Artist

An artist associated with Dadaism, a cultural movement of the European avant-garde in the 20th century, known for its anti-war politics and rejection of traditional aesthetic norms.

Marcel Duchamp

A French-American artist associated with Dadaism and Surrealism, known for challenging traditional notions of art.