Business

Jaycee Roy

23 September, 12:50

TexLine Corporation had $700,000 in average total invested assets, net sales of $875,000, income from operations amounting to $35,000, and a desired minimum rate of return of 6%. The rate of return on investment for Texline is: Group of answer choices

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “TexLine Corporation had $700,000 in average total invested assets, net sales of $875,000, income from operations amounting to $35,000, and ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

As of the end of Year 1, the shareholders' equity of Philip Corporation consisted of: Common stock, 80,100 shares at $1 par $ 80,100 Paid-in capital-excess of par 168,210 Retained earnings 121,000 At the beginning of Year 2, the company repurchased

Which of the following activities describes the opportunity cost of attending an economics class? a. the value of the time it takes to get to campus every day b. the cost of the gasoline needed to drive a car to campus c.

An apparel designing company is planning to enter the women's trousers market. they are in the process of developing a product that will appeal most to customers.

JEN Corp. is expected to pay a dividend of $4.75 per year indefinitely. If the appropriate rate of return on this stock is 8 percent per year, and the stock consistently goes ex-dividend 20 days before dividend payment date, what will be the

Manufacturers sometimes offer a quantity discount to buyers on large orders. a. True b. False

New Questions in Business

A company has budgeted sales for January and February of 20,000 and 25,000 units, respectively. The selling price is $5 per unit and the purchase price is $3 per unit. Budgeted ending inventory is 10% of the next month's sales.

When the economy is weakening the fed is likely to decrease short-term interest rates?

When bart heard an ad state that kraft's pasta anytime microwave meals could be prepared in three minutes, he thought that he would find the meals in his supermarket's frozen food aisle with other microwave meals.

ManyEEs Inc. is a private consulting company that did not effectively forecast its HR staffing needs or the consumer demand for its services. On January 1, 2018, ManyEEs Inc.

The use of long-term savings to earn a financial reward is called