Last Year the Uptown Division of Gorcen Enterprises Had Sales

question 34

Multiple Choice

Last year the Uptown Division of Gorcen Enterprises had sales of $300,000 and a net operating income of $24,000. The average operating assets at Uptown last year amounted to $120,000. Last year at Uptown the margin used to calculate ROI amounted to:

• A)8%
• B)12%
• C)20%
• D)40%

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Definitions:

Reading And Responding

The interactive process of understanding textual material and formulating a thoughtful reply or critique.

Efficient

Achieving maximum productivity with minimum wasted effort or expense.

Delivering A Message

The process of effectively conveying information to an audience.

Completing Process

The action of finishing all necessary steps or stages of a procedure or activity.