1)Blaser Corporation had $1,029,000 in invested assets, sales of $1,264,000, income from operations amounting to $220,000, and a desired minimum return of 13%. The return on investment for Blaser Corporation is a.13.9% b.17.4% c.21.4% d.25.7% 2)Mason Corporation had $1,100,000 in invested assets, sales of $1,275,000, income from operations amounting to $221,000, and a desired minimum return of 15%. The investment turnover for Mason corporation is a.0.93 b.1.74 c.1.39 d.1.16 3)The profit margin is the ratio of a. assets to liabilities b. sales to invested assets c. income from operations to sales d. income from operations to invested assets
1)Blaser Corporation had $1,029,000 in invested assets, sales of $1,264,000, income from operations amounting to $220,000, and a desired minimum return of 13%. The return on investment for Blaser Corporation is a.13.9% b.17.4% c.21.4% d.25.7% 2)Mason Corporation had $1,100,000 in invested assets, sales of $1,275,000, income from operations amounting to $221,000, and a desired minimum return of 15%. The investment turnover for Mason corporation is a.0.93 b.1.74 c.1.39 d.1.16 3)The profit margin is the ratio of a. assets to liabilities b. sales to invested assets c. income from operations to sales d. income from operations to invested assets
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1)Blaser Corporation had $1,029,000 in invested assets, sales of $1,264,000, income from operations amounting to $220,000, and a desired minimum return of 13%. The
a.13.9%
b.17.4%
c.21.4%
d.25.7%
2)Mason Corporation had $1,100,000 in invested assets, sales of $1,275,000, income from operations amounting to $221,000, and a desired minimum return of 15%. The investment turnover for Mason corporation is
a.0.93
b.1.74
c.1.39
d.1.16
3)The profit margin is the ratio of
a. assets to liabilities
b. sales to invested assets
c. income from operations to sales
d. income from operations to invested assets
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