Division A of Six-Pack Co. has sales of $650,000, Cost of Goods Sold of $300,000,...

90.2K

Verified Solution

Question

Accounting

Division A of Six-Pack Co. has sales of $650,000, Cost of Goods Sold of $300,000, Operating Expenses of $50,000 and Invested Assets of $900,000. What is the rate of return on investments for Division A?

A. 20% B. 15%

C. 40% D. 33%

25. Aaron Company is considering spending $ 100,000 for a new grinding machine. This amount could be invested to yield a 7% return. What is the opportunity cost?

A. $93,000 B. $7,000

C. $ 107,000 D. $ 100,000

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