Bede’s Company's sales last year totaled £150,000 and its return on investment (ROI) was 12%. If the company's turnover was 3, then its net income for the year must have been: a. £6,000. b. £2,000. c. £18,000. d. it is impossible to determine from the data given
Bede’s Company's sales last year totaled £150,000 and its return on investment (ROI) was 12%. If the company's turnover was 3, then its net income for the year must have been: a. £6,000. b. £2,000. c. £18,000. d. it is impossible to determine from the data given
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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Bede’s Company's sales last year totaled £150,000 and its return on investment (ROI)
was 12%. If the company's turnover was 3, then its net income for the year must have
been:
a. £6,000.
b. £2,000.
c. £18,000.
d. it is impossible to determine from the data given
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