For the Past Year, Allargando Company Recorded Sales of $500,000

question 109

Multiple Choice

For the past year, Allargando Company recorded sales of $500,000 and average operating assets of $250,000. What is the margin that Allargando Company needed to earn in order to achieve an ROI of 12%?

• A)6.00%
• B)12.00%
• C)2.00%
• D)8.33%

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Definitions:

Claim

A demand for something as due; an assertion of a right to money, property, or legal recognition.

Rescuer

An individual who saves someone from harm or danger, often in emergency situations.

Negligence Action

Legal proceedings taken against an individual or entity accused of failing to take reasonable care, resulting in harm or damage.

Prove

To demonstrate the truth or validity of something through evidence or argument.