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question 39

Multiple Choice

Answer the following questions using the information below:
The top management at Groundsource Company, a manufacturer of lawn and garden equipment, is attempting to recover from a fire that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:
 Tractor Division  Tiller Division Digger Division  Sales $10,000,000(a) $2,400,000 Net operating income $1,000,000$1,440,000$600,000 Operating assets (b) (c) $2,000,000 Return on investment 0.200.10 (d)   Return on sales (e) 0.120.25 Investment turnover  (f)   (g)  1.2\begin{array}{lrrr}&\text { Tractor Division }& \text { Tiller Division }& \text {Digger Division }\\\text { Sales } & \$ 10,000,000 & (\mathrm{a}) & \$ 2,400,000 \\\text { Net operating income } & \$ 1,000,000 & \$ 1,440,000 & \$ 600,000 \\\text { Operating assets } & (\mathrm{b}) & (\mathrm{c}) & \$ 2,000,000 \\\text { Return on investment } & 0.20 & 0.10 & \text { (d) } \\\text { Return on sales } & (\mathrm{e}) & 0.12 & 0.25 \\\text { Investment turnover } & \text { (f) } & \text { (g) } & 1.2\end{array}
-What is the value of the operating assets belonging to the Tractor Division?


Definitions:

Jail Term

The period of time a person is sentenced to spend in jail as punishment for a crime.

Fired

The termination of an individual's employment due to decision made by the employer, often for performance or behavioral reasons.

Lymphocytes

A type of white blood cell that is part of the immune system, with a primary role in protecting the body against viruses, bacteria, and other foreign invaders.

White Blood Cells

Cells of the immune system involved in protecting the body against both infectious disease and foreign invaders.

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