Yoho Company Reported the Following Financial Numbers for One of Its

question 7

Multiple Choice

Yoho Company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000; sales of $5,375,000; cost of goods sold of $3,225,000; and operating expenses of $1,147,000. Compute the division's return on assets:

• A) 18.6%.
• B) 21.3%.
• C) 17.3%.
• D) 10.4%.
• E) 14.7%.

Understand the necessity of addressing solution uniqueness in entrepreneurial pitches.

Recognize the importance of financial modeling in the development of pitch decks.

Learn how to manage cash efficiently through the cash conversion cycle.

Understand how to calculate and interpret days sales outstanding (DSO).

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Definitions:

Riots

Forms of civil disorder characterized by groups lashing out in a violent and public manner against authority, property, or people.

Revolutionary Social Movement

A collective attempt to enact major changes in society's structure and norms through radical actions.

Egypt

A country in North Africa, known for its ancient civilization, pyramids, and the Nile River.

Le Bon

A reference to Gustave Le Bon, a French social psychologist best known for his work on crowd psychology and the psychology of revolution.