The Following Selected Data Pertain to the Belt Division of Allen

question 140

Multiple Choice

The following selected data pertain to the belt division of Allen Corp. for last year:

$\begin{array} { | l | r | } \hline \text { Sales } & \$ 500,000 \\\hline \text { Average Operating Assets } & \$ 200,000 \\\hline \text { Operating Income } & \$ 80,000 \\\hline \text { Turnover } & 2.5 \\\hline \text { Minimum Required Return } & 20 \% \\\hline\end{array}$


-What was the return on investment?

• A) 15%.
• B) 16%.
• C) 20%.
• D) 40%.

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Definitions:

Processes Food

The physical and chemical breakdown of food into smaller components that can be absorbed and utilized by the body.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance that is the main constituent of Earth's hydrosphere and the fluids of most living organisms.

Embryonic Stem Cells

Pluripotent stem cells derived from the inner cell mass of the blastocyst, capable of differentiating into various cell types.

Stamen

Of a flower, reproductive organ that consists of a pollen-producing anther and, in most species, a filament.