Compute the Average Assets Invested for the Hi Ho Investment

question 51

Multiple Choice

Compute the average assets invested for the Hi Ho investment center as shown below.
$\begin{array}{ll}& \text { Hil Ho Subsidiary } \\\text { Total sales } & \$ 20,000 \\\text { Operating income } & \$ 5,000 \\\text { Beginning assets invested } & \$ 14,000 \\\text { Encling assets invested } & \$ 14,600 \\\text { Average assets invested } & \$ ? \\\text { DesiredROI } & 25 \% \\\text { Resichual income } & \$ ?\end{array}$

• A) $14,400
• B) $14,450
• C) $14,350
• D) $14,300

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Definitions:

Kohlberg's Theory

A psychological model that explains the stages of moral development in individuals.

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The process through which individuals evolve in their understanding of right and wrong, influencing their behavior, attitudes, and values.

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The system of rules that a society establishes to maintain peace, security, and justice among its members.

Piaget's Stages

A theory developed by Jean Piaget detailing four stages of cognitive development in children: Sensorimotor, Preoperational, Concrete Operational, and Formal Operational stages.