The Perez Company Had a 12

question 132

Multiple Choice

The Perez Company had a 12.5% return on a $100,000 investment in new equipment.The investment resulted in increased sales,and the resultant increase in income amounted to 5% of sales.The turnover (asset utilization) was:

• A) 1.
• B) 17.5.
• C) 2.5.
• D) 7.5.

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Definitions:

Trademarks

Legal symbols, words, or phrases registered to represent a company or product, used to distinguish them from competitors.

Embezzlement

The fraudulent appropriation of the property or money of another by a person to whom it has been entrusted.

Fraudulent Appropriation

The illegal use or misallocation of funds or property that belongs to someone else without their authorization, typically with deceitful intent.

Public Order Crime

Crimes that are said to interfere with the operations of society and the ability of people to function efficiently, often involving victimless acts.