Saturday
December 20, 2014

Homework Help: accounting

Posted by natasha on Friday, August 14, 2009 at 9:59am.

The Anderson Company has sales of $4,500,000. It also has invested assets of $2,000,000 and operating expenses of $3,600,000. The company has established a minimum rate of return of 7%.
What is Anderson Company's profit margin?

18%
44.4%
20%
80%

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Accounting - The Clydesdale Company has sales of $4,500,000. It also has ...
accounting - Dsoft manufactures PC’s. The company’s Notebook Division reports ...
Managerial Accounting - The company reported a 6% operating margin on sales, a ...
Accounting - During its first year of operations, Maria Rose set up Roseland ...
Accounting - The following information was made available from the income ...
accounting - The following information was made available from the income ...
Accounting - Chicks Corporation had $1,100,000 in invested assets, sales of $1,...
Finance - Tom company has sales of Rs.200,000/- with variable expenses of Rs.150...
accounting - A company was recently formed with $ 50,000 cash contributed to the...
accounting - Cournot Company sells 100,000 wrenches for $12 a unit. Fixed costs ...

Search
Members