Joseph Company Has an Investment in Assets of $450,000,operating Income

question 114

Multiple Choice

Joseph Company has an investment in assets of $450,000,operating income that is 10% of sales,and an ROI of 18%.From this information the amount of operating income would be:

• A) $81,000.
• B) $45,000.
• C) $2,500,000.
• D) Impossible to determine from the information given.

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Definitions:

Advertisements

Public notices promoting products, services, or events through various media channels to attract consumer attention and generate sales.

Definiteness

The quality of being clear, precise, and well-defined in terms or conditions.

Consideration

The value, which can be in the form of goods, services, money, or a promise, exchanged between parties in a contract.

Present Intent

The current intention or determination of an individual to perform a particular act or to act in a particular manner.