Answer the Following Questions Using the Information Below

question 111

Multiple Choice

Answer the following questions using the information below:
Crimpson Company has invested $2,000,000 in a plant to make commercial juicer machines. The target operating income desired from the plant is $299,000 annually. The company plans annual sales of 7,000 juicer machines at a selling price of $400 each.
-What is the target rate of return on investment for Crimpson Company?

• A) 22.0%
• B) 18.0%
• C) 14.9%
• D) 12.9%

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Definitions:

Jewish Refugees

Individuals of Jewish ancestry who were forced to flee their homes to escape persecution, particularly during events such as the Holocaust in World War II.

Allies

Countries that form partnerships or alliances with one another, especially during wartime, to achieve common goals and oppose common adversaries.

Exterminate Jews

Refers to the systemic genocide of approximately six million Jews carried out by Nazi Germany before and during the Second World War.

Japanese Invasion

Denotes the period during World War II when Japan expanded its empire by forcefully occupying territories in Asia and the Pacific, significantly impacting the course of global events.