Express Logistics Provides the Following Information What Is the Company's Return on Investment? (Round Your Answer

question 107

Multiple Choice

Express Logistics provides the following information: $$\begin{array} { | l | r | } \hline \text { Operating income } & \$ 1,600,000 \\\hline \text { Net sales } & \$ 13,500,000 \\\hline \text { Average total assets } & \$ 1,950,000 \\\hline \text { Management's target rate of return } & 25 \% \\\hline\end{array}$$ What is the company's return on investment? (Round your answer to two decimal places.)

• A) 11.85%
• B) 14.44%
• C) 82.05%
• D) 25.00%

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Definitions:

Meta-analysis

A statistical technique that combines the results of multiple scientific studies to arrive at a conclusion that has greater statistical power.

Double-blind Procedure

An experimental procedure in which neither the subjects of the experiment nor the persons administering the experiment know the critical aspects of the experiment, thus ensuring that neither the expectations of the subjects nor those of the experimenters influence the results.

Representative Sample

A representative sample is a subset of a population that accurately reflects the members of the entire population, crucial for generalizing findings from research.

Representative Sample

A portion of a population that reliably mirrors the attributes of the entire group.