Chow Company Has a Number of Investment Centers to Track

question 56

Multiple Choice

Chow Company has a number of investment centers to track on a day-to-day basis. The following represent key figures related to one of Chow's investment centers for May 20xx: $$\begin{array} { | l | l | } \hline \text { Opereting income } & \$ 6,000,000 \\\hline \text { Sales } & 15,000,000 \\\hline \text { Asset turnover } & 55 \% \\\hline &\end{array}$$ What is the investment center's ROI for May 20xx (rounded to two decimal places) ?

• A) 27.5 percent
• B) 33 percent
• C) 55 percent
• D) 22 percent

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Definitions:

Scissors

A cutting instrument consisting of two blades joined so that they meet and cut materials placed between them.

Eccrine Glands

Sweat glands that are found throughout the body, producing a watery sweat that plays a crucial role in thermoregulation and cooling the body.

Apocrine Glands

Specialized sweat glands that produce a thick, milky secretion and are found in areas like the armpits and groin.

Stratum Corneum

The outermost layer of the epidermis, consisting of dead cells that help protect the skin from external elements.