The Parry Company Provided the Following Information Regarding Its Operations

question 37

Multiple Choice

The Parry Company provided the following information regarding its operations: 2014 Total assets $500,000
2015 Total assets $550,000
2014 Net operating income $875,000
2015 Net operating income $925,000
2014 Net sales $2,525,000
2015 Net sales $3,100,000
What is Parry's ROI for the year ending 2015? (Round your answer to 2 decimal places.)

• A)1.50%.
• B)2.72%.
• C)1.76%.
• D)1.82%.

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Definitions:

Repetitive Tasks

Tasks that are performed over and over again without significant change, often required in various job roles.

Customer Design

The customization of products or services to meet the specific needs or preferences of individual customers.

Product Line

A Product Line is a group of related products marketed under a single brand by a company, which usually serves a similar market segment or satisfies a particular customer need.

Product Design

The process of creating a new product to be sold by a business to its customers, focusing on functionalities, aesthetics, and usability.