Answer the Following Questions Using the Information Below:
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question 2

Multiple Choice

Answer the following questions using the information below:
The top management at Groundscare 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:
$$\begin{array} { l r r r } & \text { Tractor Division } & \text { Tiller Division } & \text { Digger Division } \\\text { Sales } & \$ 5000000 & ( \mathrm { a } ) & \$ 1200000 \\\text { Net operating profit } & \$ 500000 & \$ 720000 & \$ 300000 \\\text { Operating assets } & ( \mathrm { b } ) & ( \mathrm { c } ) & \$ 1000000 \\\text { Return on investment } & 0.20 & 0.10 & ( \mathrm {~d} ) \\\text { Return on sales } & ( \mathrm { e } ) & 0.12 & 0.25 \\\text { Investment turnover } & ( \mathrm { f } ) & ( \mathrm { g } ) & 1.2\end{array}$$
-What is the value of the operating assets belonging to the Tiller Division?

• A)$6 000 000
• B)$5 000 000
• C)$7 200 000
• D)$7 500 000

Determine the impact of payments on loan principal under simple interest.

Understand the process and implications of reinvesting at different simple interest rates.

Identify the effects of loan repayments on the outstanding balance under simple interest.

Apply simple interest calculations to real-world scenarios related to savings, loans, and investments.

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Definitions:

Ethics

Moral principles that govern a person's behavior or the conducting of an activity, often concerned with what is good for individuals and society.

Scientific Method

A systematic process for acquiring knowledge that involves making observations, forming hypotheses, conducting experiments, and drawing conclusions based on evidence.

Tests Theory

Tests theory is a framework in psychology and education that aims to understand the principles and structures behind various types of tests, including their design, interpretation, and the implications for assessment and measurement.

Logical

Pertaining to or characterized by clear, sound reasoning or a coherent form of thinking.