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1) If income from operations for a division is $12,000, invested assets are $50,000, and sales are $60,000, the profit margin is 24% a. true b. false 2) If income from operations for a division is $12,000, invested assets are $50,000, and sales are $60,000, the investment turnover is 5. a. true b. false 3) The manager of the furniture department of a leading retailer does not control the salaries of departmental personnel. a. true b. false 4) Stevensen Corportaion had $550,000 in invested assets, sales of $660,000, income from operations amounting to $99,000, and a desired minimum rate of return 15%. The rate of return on investment for Stevensen is: a. 16% b. 20% c. 18% d. 15%
Downing Company issues $5,000,000, 6%, 5-year bonds dated January 1, 2010 on January 1, 2010. The bonds pay interest semiannually on June 30 and December 31. The bonds are issued to yield 5%. What are the proceeds from the bond issue?
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The XYZ has a choice between two warehouses. A lease at location A costs 1000 per month with a payment 2000 upfront to guarantee the 3 year lease. Location B would cost 1200 per month and would be leased from month to month.
1 the information below was obtained from the records of the thompson corporation for the year ending december 31
a manufacturer of business copier workstations has a 75 percent customer retention rate. their accounting department
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