Scribe Company,a Manufacturer of Writing Instruments,provides the Following Financial Information

question 215

Multiple Choice

Scribe Company,a manufacturer of writing instruments,provides the following financial information: $$\begin{array} { | l | r | r | } \hline & \text { Pen Division } & \text { Pencil Division } \\\hline \text { Operating income } & \$ 100,000 & \$ 40,000 \\\hline \text { Net sales } & \$ 500,000 & \$ 175,000 \\\hline \text { Total assets at Jan. 1 } & \$ 580,000 & \$ 255,000 \\\hline \text { Total assets at Dec .31 } & \$ 700,000 & \$ 275,000 \\\hline\end{array}$$ Calculate the return on investment for the Pencil Division.(Round your answer to two decimal places.)

• A) 15.63%
• B) 15.09%
• C) 15.69%
• D) 14.55%

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Definitions:

Neuropeptide Y

A neurotransmitter found in the brain and autonomic nervous system, involved in the regulation of energy balance and appetite.

Melanocortins

A group of peptides that appear to suppress appetite, leading to weight loss.

Appetite-Stimulating

Referring to substances or factors that increase the desire to eat by influencing hunger signals in the body.

Neuropeptide Y

A neurotransmitter involved in various physiological processes such as appetite control, anxiety, and stress response.