Accelerated Logistics Provides the Following Information What Is the Company's Profit Margin Ratio? (Round Your Answer

question 85

Multiple Choice

Accelerated Logistics provides the following information: $$\begin{array} { | l | r | } \hline \text { Operating income } & \$ 1,500,000 \\\hline \text { Net sales } & \$ 14,000,000 \\\hline \text { Average total assets } & \$ 2,000,000 \\\hline \text { Management's target rate of return } & 30 \% \\\hline\end{array}$$ What is the company's profit margin ratio? (Round your answer to two decimal places.)

• A) 14.29%
• B) 10.71%
• C) 75.00%
• D) 27.90%

Apply probability concepts to real-world scenarios like job offers, insurance data, and diagnostic tests.

Analyze and interpret data to determine the independence or exclusivity of events.

Understand the mechanisms of halogenation reactions in organic chemistry.

Determine the role of catalysts and conditions (acidic or basic) in alpha-halogenation reactions.

---

Definitions:

Total Variable Cost

The cumulative expenses that change in proportion to the level of goods or services produced.

Output

refers to the quantity of goods or services produced by a firm, industry, or economy within a specific period.

Marginal Cost

Marginal cost is the cost of producing one additional unit of a product or service.