Provide correct answer with accounting Question: Last year a company had sales of $750,000, aturnover of 3.0, and a return on investment of 45%.The company's net operating income for the year was:$250,000$112,500$337,500$225,000

Step 1: Definition of Net Operating Income (NOI)Net Operating Income (NOI) represents the company's…

Answered: Question: Last year a company had sales…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 5EB: During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of...

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Similar questions

During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. What is the sales margin?
During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000, 000. What is the sales margin?
Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: At the beginning of last year, Elway had 28,300,000 in operating assets. At the end of the year, Elway had 23,700,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin and turnover ratios for last year. (Note: Round the answer for margin ratio to two decimal places.) 3. Compute ROI. (Note: Round answer to two decimal places.) 4. CONCEPTUAL CONNECTION Briefly explain the meaning of ROI. 5. CONCEPTUAL CONNECTION Comment on why the ROI for Elway Company is relatively high (as compared to the lower ROI of a typical manufacturing company).
Last year a company had sales of $400,000, average operating assets of $166,667, and a return on investment of 18%. What was the company's net operating income for the year? Group of answer choices $30,000 $42,000 $25,500 $60,000 $72,000
Last year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 24%. What was the company's net operating income for the year? $40,000 O $96,000 $20,000 O $46,000
Please given answer
Last year a company had sales of $310,000, a turnover of 2.7, and a return on investment of 35.1%. The company's net operating income for the year was: Multiple Choice $68,510 $114,815 $40,300 $108,810
Ans
Abc
Last year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 36%. The company's net operating income for the year was: A. B. C. D. E. F. $144,000 $120,000 $80,000 $60,000 $72,000 None of the above
Financial Accounting
QUESTION: BRANDON INC. HAS PROVIDED THE FOLLOWING DATA FOR LAST YEAR'S OPERATIONS: SALES NET OPERATING INCOME $100,000 $6,000 AVERAGE OPERATING ASSETS $40,000 STOCKHOLDERS EQUITY $25,000 MINIMUM REQUIRED A RATE 10% OF RETURN BRANDON'S RETURN ON INVESTMENT (ROI) IS:

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Question: Last year a company had sales of $750,000, a turnover of 3.0, and a return on investment of 45%. The company's net operating income for the year was: $250,000 $112,500 $337,500 $225,000