A Division of a Firm Has a Net Profit of $640

question 49

Multiple Choice

A division of a firm has a net profit of $640 000 before imputed interest and a residual income of $240 000. If a rate of 10 per cent is used to compute imputed interest, calculate the division's return on investment (rounded to a whole number) .

• A) 4%
• B) 10%
• C) 16%
• D) 35%

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Definitions:

Predefined Method

A function or procedure provided by a programming language or library, designed to perform a specific task.

Method Body

The Method Body in programming languages is the block of code within a method that defines what actions the method will perform.

Primitive Data Type

Primitive data type is a basic type of data provided by programming languages, such as int, float, and char, which represent numbers, characters, or boolean values.

Formal Parameter

A formal parameter is a variable used in a function or method definition, representing the inputs with which the function/method can work.