As the Staff Accountant for Investment Center 713,calculate the October

question 63

Essay

As the staff accountant for Investment Center 713,calculate the October 20xx ROI,using the following information:
$\begin{array}{lr}\text { October 20xx profit margin } & 38 \% \\\text { October 20xx sales } & \$ 2,000,000 \\\text { Assets at September 30, 20xx } & 1,850,000 \\\text { Assets at October 31, 20xx } & 1,855,000\end{array}$

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Definitions:

Main Effects

The direct impact of an independent variable on a dependent variable in an experimental design.

Factorial ANOVA

A statistical test used to determine the effect of two or more independent variables on a dependent variable, allowing interaction effects to be assessed.

Independent Variables

Variables in an experiment or model that are manipulated or changed to observe their effects on dependent variables.

Interaction Effects

The influence that the combination of two or more independent variables has on a dependent variable, beyond their individual effects.