Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. an investment center generated a contribution marg

An investment center generated a contribution margin of $380000, fixed costs of $200000 and sales...

50.1K

Verified Solution

Question

Accounting

image
An investment center generated a contribution margin of $380000, fixed costs of $200000 and sales of $1800000. The center's average operating assets were $900000. How much is the return on investment? 64% O 164% O 20% 42%

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!
Become a Member

Other questions asked by students

Q

Mr Santa has to decode a number ABCDEF where each alphabet is represented by a...

Physics
Q

How does the tension crack in the clay backfill affect the active earth pressure? Explain briefly.

Civil Engineering
Q

Two thin, isolated, concentric conducting spheres of radii 1.10 cm and 7.70 cm, have net charges...

Physics
Q

Matlab program Create a function, when given a two-digit integer as input, prints the equivalent English phrase....

Electrical Engineering
Q

Tortoise shell cats will never be identical to another cat as the patchy color is...

Biology
Q

30 A horizontal turn table in the form of a disc of radiu r carries...

Physics
Q

Write the Babylonian numeral as a Hindu Arabic numeral Symbols Hindu Arabic Symbols

Basic Math
Q

Which is an equation of the degree 3 polynomial function with real coefficients having zeros...

Basic Math
Q

Suppose we want to choose 6 objects, without replacement, from 13 distinct objects.(a) How many...

Algebra
Q

all one question. answers only thanks ...

Accounting
Q

The management of Revco Products is exploring four different investment opportunities. Information on the four...

Accounting
Q

The Reynolds Corporation buys from its suppliers on terms of 2/19, net 60. Reynolds has...

Finance