Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please help me with this question!! assume that t

PLEASE HELP ME WITH THIS QUESTION!! Assume that the manager of the club is...

90.2K

Verified Solution

Question

Accounting

PLEASE HELP ME WITH THIS QUESTION!!
Assume that the manager of the club is able to reduce average operating assets by $40,000 without any change in sales or net operating income. What would be the clubs return on investment (ROI)?
image

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

Question 2 (40 Marks) “Maximizing shareholder wealth is the main goal of financial management!” was cited by one...

Finance
Q

A substitutional solid solution is formed between silver and gold. Calculate the weight percent of gold...

Chemistry
Q

A line segment is divided in two segments such that the ratio of the long...

Basic Math
Q

2 The space is C 0 2 with the inner product f g f t...

Basic Math
Q

1 points eBook Print References M4-16 (Static) Classifying Activities as Value-Added or Non-value-Added [LO 4-8]...

Accounting
Q

QUESTION 4 (4 marks) (8 minutes) The following information regarding Finesse Ltd was presented to...

Accounting
Q

OrderDate Region Rep Item Units Unit Cost Total Sales 1/6/21 East Jones Pencil 95 1.99...

Accounting
Q

Havel and Petra are married and will file a joint tax return. Havel has W-2...

Accounting
Q

Rooney Company manufactures molded candles that are finished by hand. The company developed the following...

Accounting
Q

On May 1, 2021, Hecala Mining entered into an agreement with the state of New...

Accounting
Q

A professor in the Computer Science department at United States Institute of Technology has just...

Finance
Q

Objective Question: How do accounting procedures contribute to enhancing performance management systems in...

Accounting