Joseph Company Has an Investment in Assets of $450,000,operating Income

question 114

Multiple Choice

Joseph Company has an investment in assets of $450,000,operating income that is 10% of sales,and an ROI of 18%.From this information the amount of operating income would be:

• A) $81,000.
• B) $45,000.
• C) $2,500,000.
• D) Impossible to determine from the information given.

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Definitions:

Outermost Shell

The last or furthest energy level of an atom where electrons can be found, significant in determining an element's chemical properties.

Atomic Mass

Average of atom mass units for all the isotopes of an atom.

Ionic Compound

A chemical compound composed of ions held together by ionic bonds, typically formed between metal and non-metal elements.

Calcium Chloride

A chemical compound used in various applications, including as a de-icing agent, in food preservation, and in laboratory settings to provide a source of calcium ions.