During the Past 12 Months,the Platypus Corporation Had a Net

question 75

Multiple Choice

During the past 12 months,the Platypus Corporation had a net profit of $50 000.What is the amount of the investment if the return on investment is 20%?

• A)$100 000
• B)$200 000
• C)$250 000
• D)$500 000

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Definitions:

Decorated Cakes

These are cakes that have been aesthetically designed and adorned with icing, frosting, and other edible decorative elements.

Total Cost Concept

The total cost concept is an approach in economics and accounting that considers all costs related to the production and delivery of a product or service, including fixed, variable, and indirect costs.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment’s cost.

Markup Percentage

The fraction applied on top of the buying price of products to include expenses for overhead and yield a profit.