1. The Fischer Company had a target ROI of 15% and reported the following: Net...
50.1K
Verified Solution
Link Copied!
Question
Accounting
1. The Fischer Company had a target ROI of 15% and reported the following:
Net income of $8,760
Liabilities of $48,000
Assets of $61,000
Equity of $13,000
What is the company's ROI? Convert your final answer to a percentage, round to one decimal place and enter without the "%" sign (e.g. a final answer of 0.105678 would be entered as 10.6).
2. Which of the following would most likely have the most number of things to manage?
- Cost center
- investment center
Please help
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!