Chapter 9 Quiz Questions

Chapter 9 Quiz Questions - Managerial Accounting Acct 2301...

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Managerial Accounting Acct 2301 Chapter 9 Questions 1. Last year, Thurco Corporation had revenues of $120,000 and expenses of $70,000. If Thurco had $250,000 of equipment and other operating assets last year, what was Thurco’s return on investment? a. 10% b. 15% c. 20% d. 25% 2. Last year, Thurco Corporation had revenues of $120,000 and expenses of $70,000. If Thurco had $250,000 of equipment and other operating assets last year, what was Thurco’s margin? a. 16.6% b. 22.2% c. 33.3% d. 41.7% 3. Last year, Thurco Corporation had revenues of $120,000 and expenses of $70,000. If Thurco had $250,000 of equipment and other operating assets last year, what was Thurco’s turnover? a. .48 b. .23 c. .16 d. .35 4. LINK, Inc. has a margin of 25 % and a turnover of 4. What is LINK's return on investment? a. 10% b. 62.5% c. 100% d. cannot determine from given data 5. Kennedy Aeronautics desires an 8% ROI on all investment projects. Details of a proposed investment include the following: Sales Revenues
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This homework help was uploaded on 04/22/2008 for the course ACCT 2302 taught by Professor All during the Spring '08 term at Texas Tech.

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Chapter 9 Quiz Questions - Managerial Accounting Acct 2301...

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