REB Service Co

question 27

Multiple Choice

REB Service Co.is a computer service center.For the month of May,REB had the following operating statistics: (CMA adapted) Based on the above information,which one of the following statements is correct? REB has a:

• A)return on investment of 4%.
• B)residual income of $(2,000).
• C)return on investment of 5.6%.
• D)residual income of $(22,000).

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Definitions:

Official Reporter

A published volume of court decisions compiled as an authoritative source for legal precedents.

New Jersey

A state in the northeastern U.S., known for its significant role in American history, Atlantic Coast beaches, and as a center of commerce and industry.

California

A state located on the West Coast of the United States, known for its diverse geography, ranging from the Pacific Coast to the Sierra Nevada mountains, and cities like Los Angeles and San Francisco.

Alabama

A state located in the southeastern region of the United States, known for its rich history and diverse cultural heritage.